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EU Trade

International trade within European nations has benefited greatly from the establishment of the European Union. The development of the EU has rarely been consistent and often been contentious, but the result is a market area that is now the single largest in the world. In global trade, the EU is the world’s biggest exporter of manufactured goods and services, as well as the largest importer for more than 100 countries. The borders may still exist between the 28 nations that comprise the EU, but the union has made it much easier for goods, services and capital to move freely between consumers and investors. Free trade was, in fact, among the EU’s founding principles. What began with six countries in the 1950s, as a new organization formed from the European Coal and Steel Community and the European Economic Community, has evolved and expanded over subsequent decades through the addition of new member states and institutions. The EU was formally established under its current name in 1993, and in 2002 the Euro was established (amidst some controversy and member discontent) as the union’s primary legal tender. The EU also has its own parliament, central bank and court of justice. The Prominence of EU Trade EU trade is conducted under the rules established by the World Trade Organization. According to European Commission statistics, more than 16 percent of the world’s imports and exports are traded within the European Union. Free trade agreements have expanded the union’s worldwide network, generating additional growth, jobs and markets. Serving some 500 million consumers, the EU is the largest economy and the largest trading block in the world, and is likely to remain so through its open markets, secure legal investment framework, and low import tariffs.

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Regulations require weighing of container shipments of export cargo and import cargo in international trade.

Fedex Copenhagen gateway will handle shipments of export cargo and import cargo in international trade.

New UK airline will be handling shipments of export cargo and import cargo in international trade.

EU complaint against McDonald's alleges unfair policies against franchisees, including those that may involve shipments of export cargo and import cargo in international trade.

Pratt & Whitney contract will involve shipments of export cargo and import cargo in international trade.

Investments if Europe will provide Amazon with logistics and supply-chain services, including receipt and shipment of exports and imports in international trade.

EU guidelines restrict tax benefits to companies involved in carrying export cargo and import cargo in international trade.

EU state aid rules cover taxation of public ports for profits generated from the handling of shipments of export cargo and import cargo in international trade.

XPO Logistics helps GM movef shipments of export cargo and import cargo in international trade.

Prologis acquisitions will allow it to handle more shipments of export cargo and import cargo in international trade.

DHL investment in French ecommece logistics company will allow carrier to handle more shipments of export cargo and import cargo in international trade.

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