bilateral trade and investment

EU'S BILATERAL TRADE AND INVESTMENT AGREEMENTS

According to IMF estimates, over the next years, 90% of world demand will be generated outside the EU. That is why it is a key priority for the EU to open up more market opportunities for European business by negotiating new Free Trade Agreements with key countries. If the EU were to complete all its current free trade talks tomorrow, it could add 2.2% to the EU's GDP or €275 billion. This is equivalent of adding a country as big as Austria or Denmark to the EU economy. In terms of employment, these agreements could generate 2.2 million new jobs or additional 1% of the EU total workforce.

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