The writer of this
paper explores the European Union (EU), the
largest trading entity in the
world, accounting in 1998 for 20% of global merchandise exports. This paper also probes the EU's firm commitment to the promotion of
open and fair
trade with all its trading partners. Topics covered in this report include: The European Union is the World's Largest Trade Partner The EU is a Growing Integrated Economy, Open to Trade with Outside Countries European Union Enlargement So the EU Strongly Supports Rules-Based System for International Trade Multilateral Issues The Need for WTO Agreement on Removal of Procedural Barrier to Trade Globalization in Progress Bilateral Trade Relations Comprehensive Trade Negotiations The EU Wants Developing Countries to Benefit as Well Bibliography