EU'S TRADE AGREEMENTS
EU'S TRADE AGREEMENTS

Summary/Abstract: Conclusion of the Trade agreements between the European Union and the third countries is one of the displays of the EU´s sovereignty. At the same time, it is an effective tool for enhancement of the EU´s position within a globalised world of trade. The aim of the trade agreements is to create an easier business environment for (European) entrepreneurs, in particular by removing the customs, opening the public procurement, establishing the common technical standards, setting the rules of solving the disputes. At the same time, the trade agreements guarantee the achieved level of rights and interests protected by law of the European subjects. This leads to exterritorial application of the European law. This article is focused on brief analysis of concluded EU´s trade agreements and their application.

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