Improving EU-Asia trade relations

07-11-2012

The EU's Global Europe Communication from 2006 was a first step in a new trade policy envisaging ambitious and far-reaching bilateral free trade agreements (FTAs) with priority partners having significant market potential. Asia will soon become the largest economic region in the world. A ""new generation"" free trade agreement has already been concluded with South Korea. Agreements with India, Singapore and Malaysia could be signed before the end of 2012, while negotiations and talks with several other Asian states continue.

The EU's Global Europe Communication from 2006 was a first step in a new trade policy envisaging ambitious and far-reaching bilateral free trade agreements (FTAs) with priority partners having significant market potential. Asia will soon become the largest economic region in the world. A ""new generation"" free trade agreement has already been concluded with South Korea. Agreements with India, Singapore and Malaysia could be signed before the end of 2012, while negotiations and talks with several other Asian states continue.