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This paper has been produced by the Ex-post Evaluation Unit of the Directorate for Impact Assessment and European Added Value, within the European Parliamentary Research Service (EPRS) of the Secretariat of the European Parliament, as a regional evaluation in parallel to the EPRS 2022 Peace and Security Outlook. It has been drafted as a contribution to the Normandy World Peace Forum taking place in September 2022. The paper provides the background to EU relations with Georgia, Moldova and Ukraine ...

The future of EU-Africa trade relations

Ve stručnosti 20-06-2022

The European Parliament is due to discuss ways to foster ethical and sustainable trade relations with African countries during its June II plenary session, in a context of global challenges compounded by the coronavirus pandemic and Russia's war on Ukraine.

15 countries signed the Regional Comprehensive Economic Partnership (RCEP) on 15 November 2020. Upon ratification, it will become the largest preferential trade agreement by economic output in the world, with the potential to increase trade and integration among the economies of East Asia. This briefing presents the structure and the content of the agreement, its relationship to existing cooperation in the region, and discusses important economic and political implications. Several notable takeaways ...

The Association Agreement is the main framework for EU-Ukraine relations, and promotes economic and political cooperation, as well as respect for common values. The European Parliament is due to discuss an own-initiative report on its implementation during the February plenary session.

The United Kingdom (UK) left the European Union (EU) on 1 February 2020 and will regain competence for its own international trade policy as soon as the transition period concludes at the end of 2020. Freedom to determine its own trade relationships was a major reason for the UK's withdrawal from the EU: its new international trade policy is based on the goal of establishing 'global Britain', a country asserting that it is strongly committed to trade openness with international leadership. To this ...

The new European Commission (EC) is putting EU-African relations to the fore. A Joint Communication of the EC towards a comprehensive Strategy with Africa stresses the African Continent’s strategic importance and the EU’s need to strengthen its partnership with (and not for) Africa. Proposals in the Joint Communication maintain promotion of sustainable investments with Africa on top of the EU’s agenda. Partnership with Africa to attract investors and boost regional as well as continental integration ...

Although it tends to prioritise political objectives, the African Union (AU) pursues a no less ambitious project for economic integration with the ultimate goal of creating a common market and a monetary and economic union. Currently, the main responsibility for driving economic integration forward is carried by the regional economic communities, which are overseen and coordinated by the AU. However, the pace of progress is very uneven. In addition, the AU has developed its own programmes for promoting ...

Signing and ratifying Association Agreements with Georgia, Moldova, and Ukraine has proven to be an impressive affirmation of Brussels’ soft power. The EU’s overtures have persuaded elites and mobilised societies despite the fact that the Agreements come neither with a membership promise nor with the kind of financial assistance that has been given to the EU’s new member states. EU assistance has been effective in restoring macro-financial stability in all three countries. While costs of compliance ...

In December 2016, the European Commission adopted its long-term plan to strengthen the governance and management of the EU customs union. The customs union, in place since 1968, is a pillar of the single market, and vital to the free flow of goods and services. According to the Commission, a strong customs system helps foster competitive businesses, increases wealth, and also protects against terrorist, health, and environmental threats. The customs union operates under the legal framework of the ...

The future of EU finances

Ve stručnosti 08-09-2017

The European Commission has completed its series of reflection papers on the future of the EU, with a document that analyses how the EU budget could evolve in the coming years to address current and new challenges. The paper should help shape the proposals, due in the coming months, for the next Multiannual Financial Framework of the EU, for the period from 2021 on.