Trades -Trade Blocs - Europe - EEA - EU - EFTA - CEFTA - EEC

http://www.1mtx.com/markets-trades/en/index.php?language=en&menu=TRADES&punkt=Trade_Blocs&punkt2=Trade%20Blocs&index=Europe#Trade%20BlocsEurope A trade bloc is a large free trade area formed by one or more tax, tariff and trade agreements. Trade Blocs : Europe A trade bloc is a large free trade area formed by one or more tax, tariff and trade agreements. Trade blocs in Europe: EEA EU EFTA CEFTA EEC » ...more Links ! ...| Reports | Analysis | Opinions | Comments |... ...Take a Break...Just Relax... Since the demise of most of the world's empires, a number of international - generally regionally based - economic blocs have been developed to promote trade between member states... Latest Updates... Latest Press Releases / News: EU EFTA Latest Updates... ...Several blocs also have stated or implicit political goals - notably the EU. Varieties of economic blocs include free trade areas, customs unions, single markets, and economic and monetary unions. A trade bloc is established through a trade pact (or pacts) covering different issues of the economic integration. » Most active regional blocs EEA (European Economic Area) The European Economic Area (EEA) came into being on January 1, 1994 following an agreement between three member states of European Free Trade Association (EFTA), the European Community (EC), and all member states of the European Union (EU). It allows these EFTA countries to participate in the European Single Market without joining the EU. The contracting parties to the EEA Agreement are three of the four EFTA states — Iceland, Liechtenstein and Norway — and the 27 EU Member States along with the European Community. Switzerland is not part of the EEA. Switzerland is linked to the European Union by Swiss-EU bilateral agreements, with a different content from that of the EEA agreement. » more (EEA freedoms and obligations; EEA legislation; Institutions) » Documents: The EEA Agreement (EFTA.int - website) EEA EU EFTA CEFTA EEC » ...more Links ! ...| Reports | Analysis | Opinions | Comments |... ...Take a Break...Just Relax... ^ top EU (European Union) The European Union (EU) is a political and economic community of twenty-seven member states, located primarily in Europe. The EU comprises a single market created by a system of laws which apply in all member states, guaranteeing the freedom of movement of people, goods, services and capital. It maintains a common trade policy, agricultural and fisheries policies, and a regional development policy. The EU was established as the European Economic Community in 1957 by the Treaty of Rome and has undergone many changes since, most notably in 1992 by the Maastricht Treaty. Since 1957 new accessions have raised the number of member states, and powers have expanded. As a result, the EU can be described as both a supranational and an intergovernmental body. The economy of the European Union (the largest in the world) combines the economies of 27 member states and is generating an estimated nominal GDP of US$16.6 trillion in 2007. It accounts for 31% of the world's total economic output. Fifteen member states adopted a single currency, the Euro, managed by the European Central Bank. The EU economy consists of a single market and is represented as a unified entity in the WTO. » more (History, Members, Economy, etc) » EUROPA (the official EU web portal) » Economy of the European Union (Currency, Budget, Economic variation, etc) EUROPEAN UNION: Member Countries Austria; Belgium; Cyprus; Czech Republic; Denmark; Estonia; Finland; France; Germany; Greece; Hungary; Ireland; Italy; Latvia; Lithuania; Luxembourg; Malta; Netherlands; Poland; Portugal; Slovakia; Slovenia; Spain; Sweden; United Kingdom EU Members: Austria; Belgium; Cyprus; Czech Republic; Denmark; Estonia; Finland; France; Germany; Greece; Hungary; Ireland; Italy; Latvia; Lithuania; Luxembourg; Malta; Netherlands; Poland; Portugal; Slovakia; Slovenia; Spain; Sweden; United Kingdom EEA EU EFTA CEFTA EEC » ...more Links ! ...| Reports | Analysis | Opinions | Comments |... ...Take a Break...Just Relax... ^ top EFTA (European Free Trade Association) The European Free Trade Association (EFTA) was established on May 3, 1960 as an alternative for European states that were not allowed or did not wish to join the European Economic Community (now the European Community). The EFTA Convention was signed by seven states. Today only Iceland, Norway, Switzerland and Liechtenstein remain members of EFTA. The Stockholm Convention was subsequently replaced by the Vaduz Convention. This Convention provides for the liberalisation of trade among the member states. Three of the EFTA countries are part of the European Union Internal Market through the Agreement on a European Economic Area (EEA), which took effect in 1994; the fourth, Switzerland, opted to conclude bilateral agreements with the EU. In addition, the EFTA states have jointly concluded free trade agreements with a number of other countries. » more (History, Institutions, etc.) » EFTA (Official website) » EFTA Trader's ABC (EFTA.int - website) EEA EU EFTA CEFTA EEC » ...more Links ! ...| Reports | Analysis | Opinions | Comments |... ...Take a Break...Just Relax... ^ top CEFTA (Central European Free Trade Agreement) The Central European Free Trade Agreement (CEFTA) is a trade agreement between countries in Central and South-Eastern Europe. Members: As of 1 May 2007, the parties of the CEFTA agreement are: Albania, Bosnia and Herzegovina, Croatia, Republic of Macedonia, Moldova, Montenegro, Serbia and UNMIK on behalf of Kosovo. Former parties are Bulgaria, the Czech Republic, Hungary, Poland, Romania, Slovakia and Slovenia. All former participating countries had previously signed association agreements with the EU, so in fact CEFTA has served as a preparation for full European Union membership. Poland, the Czech Republic, Hungary, Slovakia, Slovenia joined the EU on May 1, 2004, with Bulgaria and Romania following suit on January 1, 2007. Croatia does not yet have a date specified, but is in the process of accession negotiations, and is expected to join EU in 2010 or 2011. » more (Membership criteria; History; Relations with the EU) EEA EU EFTA CEFTA EEC » ...more Links ! ...| Reports | Analysis | Opinions | Comments |... ...Take a Break...Just Relax... ^ top EEC (Eurasian Economic Community - EurAsEC) The Eurasian Economic Community (EurAsEC or EAEC) was put into motion in 2000 when Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan signed the treaty. EurAsEC was formally created when the treaty was finally ratified by all five member states in May 2001. EurAsEC grew out of the CIS Customs Union. All the members of EurAsEC are also members of the older Commonwealth of Independent States and the relationship between the two organisations is ambiguous. The members have also all agreed that EurAsEC should be merged with the Central Asian Cooperation Organization (CACO). With the revival of EurAsEC in 2005 there is a possibility for the Common Economic Space agenda to be implemented in its framework with or without the participation of Ukraine. This was confirmed in August 2006 and in October 2007 it was announced that a customs union would be formed by Russia, Belarus, and Kazakhstan by 2011 with other members being able to join later. » more (Members, Aims, etc) EEA EU EFTA CEFTA EEC » ...more Links ! ...| Reports | Analysis | Opinions | Comments |... ...Take a Break...Just Relax... ^ top » ...more Links ! » more Links » Organization for Security and Co-operation in Europe statistics (OSCE countries table with statistics and regional blocs) » Council of Europe (History; Aims and achievements; Institutions; more...) » Council of Europe (Official Website) » Information about the EU (ACTIVITIES - INSTITUTIONS - DOCUMENTS - SERVICES) » European Commission > Alphabetical index (List Links @ ec.europa.eu website) TRADES GLOSSARY A - Z Financial Instruments - Commerce - International Trade EEA EU EFTA CEFTA EEC » ...more Links ! ...| Reports | Analysis | Opinions | Comments |... ...Take a Break...Just Relax... ^ top ...| Reports | Analysis | Opinions | Comments |... | Reports | Analysis | Opinions | Comments | Trade row mars EU-Africa talks EU and African leaders have signed a declaration promoting free trade and democracy at a summit in Lisbon beset by rows over trade deals and Zimbabwe. As the Portuguese hosts hailed a "new chapter" in relations, Senegal's president railed against new EU-African trade deals proposed by the EU. ... Read more » (BBC News; 9 December 2007) Q&A: The Lisbon Treaty Leaders of the European Union's 27 member states meet in Portugal this week to sign what will now become known as the Lisbon Treaty. Originally called the Reform Treaty, it was drawn up to replace the draft European constitution after that was thrown out by voters in France and the Netherlands in 2005. All 27 EU countries will be expected to ratify the Treaty in 2008 with a view to it coming into force in 2009. ... Read more » (BBC News; 11 December 2007) Is the European Union in Crisis? Polish Prime Minister Marek Belka says the inability of the EU summit to come to a budget compromise lies squarely in the selfishness of the wealthy EU states. The EU has long been a vehicle to shift money from "wealthy" countries such as Germany and the Netherlands to "poorer" countries. German chancellor Schröder said: "The history of the EU is a series of compromises paid for by Germany." At the same time, some of the newer members in Eastern Europe have extremely aggressive tax policies, with some charging no income taxes at all. There is nothing wrong with free market competition and offering tax incentives; but conversely, "wealthy" states should be forgiven to think that there is no need to subsidize the exporting of jobs to these countries. ... Read more » (by Axel Merk - Safehaven.com; June 19, 2005) EEA EU EFTA CEFTA EEC » ...more Links ! ...| Reports | Analysis | Opinions | Comments |... ...Take a Break...Just Relax... ^ top Euro Notes Euro Notes Take a break... ...Take a Break...Just Relax... » Slideshow: European Union (flickr.com) 50 Years of EU in the World ...just relax... Flag European Union Europe Flag ADVERTISEMENT EEA EU EFTA CEFTA EEC » ...more Links ! ...| Reports | Analysis | Opinions | Comments |... ...Take a Break...Just Relax... ^ top Sources: Wikipedia; Safehaven.com; BBC News; .1MTX 2007/2008