EUROPEAN UNION RELATIONS WITH COUNTRIES WITH ECONOMIES IN TRANSITION Cover Image

EUROPEAN UNION RELATIONS WITH COUNTRIES WITH ECONOMIES IN TRANSITION
EUROPEAN UNION RELATIONS WITH COUNTRIES WITH ECONOMIES IN TRANSITION

Author(s): Boris Coreţchi, Alexandru Gribincea
Subject(s): Law, Constitution, Jurisprudence
Published by: Editura Pro Universitaria
Keywords: export-import balance of trade; investment; technological progress; competition.

Summary/Abstract: Managing the European Unions external relations is a dynamic process, because the European Union defines its own foreign policy, it must also take into account external factors. These factors relate to economic interdependence increasingly more produced by the combined effects of a wave of liberalization of markets worldwide, the global communications revolution and accelerating technological progress. European Union needs to update the priorities in the context of international competition from increasingly powerful, cross-border investment flows of increasingly higher. Conscious of its global economic and trade, the European Union uses its power for personal interests and the interests of others. The European Union promotes prosperity and supports democratic values around the world, while it helps to consolidate stability and welfare for the citizens within its borders. Integrating new countries into the European Union strengthens its role on the international scene. The European Union is the world's largest trading partner, but at the same time, is the largest provider of aid to developing countries. Community has created a common foreign and security practice, with the ability to perform missions of crisis management and peacekeeping in Europe and worldwide. In today's complex, the European Unions have added new tools to the traditional instruments of foreign policy. This implies that global problems require global solutions.

  • Issue Year: 2011
  • Issue No: 02
  • Page Range: 65-71
  • Page Count: 6
  • Language: English