Region #1: USA

  • This region cooperates closely with the EU in the UN, NATO, the WTO, as well as the G8
  • The 1990 Transatlantic Declarations provided for two bilateral summits between the EU and this region
  • This region is the EU’s single largest trading partner
  • It is the most important source of and destination for foreign investment for the EU
Region #2: Canada

  • Bilateral relations with the EU began in 1976 with the Framework Agreement for Commercial and Economic Cooperation
  • Relations with the EU grew with the Transatlantic Declaration in 1990 and the Joint Action Plan in 1996
  • A trade initiative with the EU was launched in 1998
  • Issued a joint statement with the EU on Northern Cooperation in 1999
Region #3: Russia and the New Independent States

  • First common strategy between the EU and this region was agreed upon in mid-1999
  • The EU’s aim in this region is to consolidate democracy, rule of law, and public institutions, as well as help the countries in this region integrate into the common European economy
  • Other EU aims include disarmament and the fight against organized crime
  • Tacis is the EU’s main vehicle of assistance to promote transition to a market economy and to reinforce democracy in this region
Region #4: South-Eastern Europe

  • The EU is involved in economic and financial assistance, cooperation, and political dialogue in this region
  • This region has the long-term prospect of European integration
  • A stability pact was adopted in 1999, with the focus of regional integration
  • The EU is involved in stabilizing policy instruments in countries such as Albania, Bosnia-Herzegovina, Croatia, the Former Republic of Yugoslavia, as well as the Former Yugoslav Republic of Macedonia
Region #5: Middle East

  • The EU’s main involvement in this region is to establish peace agreements
  • The EU established the Regional Economic Development Working Group (REDWG) as a permanent regional economic institution in this region
  • The EU’s donations to this region have helped with infrastructure development in the West Bank and Gaza Strip area
  • The EU gives annual aid to support people-to-people projects involving Israelis and Palestinians
Region #6: The Mediterranean

  • The November 1999 Barcelona Declaration created a partnership between the EU and 12 other countries and territories in this region
  • The EU is negotiating bilateral association agreements with all the partners in this region
  • 47% of the regions’ total imports come from the EU
  • Includes countries such as Morocco, Tunisia, and Jordan
Region #7: Asia

  • The EU has developed stronger regional relationships through greater involvement in regional groupings such as the Association of South-East Asian Nations (ASEAN)
Region #8: Latin America

  • The EU’s involvement in this region includes partnerships with the regional groupings of this region, such as:
  • The San Jose Group (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama)
  • Mercosur (Argentina, Brazil, Paraguay, Uruguay)
  • The Andean Community (Bolivia, Colombia, Ecuador, Peru, Venezuela)
  • The Rio Group (Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Panama, Paraguay, Peru, Uruguay, Venezuela)
Region #9: Africa

  • The EU is involved in the Southern African Development Community

Region #10: EFTA

  • Iceland, Norway and Liechtenstein (European Economic Area) plus Switzerland
  • The EU supports a free-trade relationship with these non-EU European countries