The global economic environment has changed fundamentally over the past decade. Growing protectionism and geoeconomic … tensions pose a major challenge, especially for the EU, whose foundations are based on openness, multilateralism, and … cooperation. This policy brief presents four basic propositions on the future direction of the EU's foreign economic policy. In …

We review the EU’s trade policy trajectory up to now, situating it within the international context. We then examine … economic interdependencies. Almost 80 percent of all EU imports take place under the most favored nation (MFN) tariff regime …. This number illustrates the central importance of the WTO and the multilateral trading system for the EU’s external trade …

We review the EU's trade policy trajectory up to now, situating it within the international context. We then examine … economic interdependencies. Almost 80 percent of all EU imports take place under the most favored nation (MFN) tariff regime …. This number illustrates the central importance of the WTO and the multilateral trading system for the EU's external trade …