European Trade Commissioner Cecilia Malmström delivered a speech last week at Maastricht University in the Netherlands in which she highlighted some of the key principles and goals of European trade policy. According to her, "(in) Europe today over 30 million jobs or almost 14% of the whole labour force are supported by our exports around the world. In the Netherlands that figure is 1.3 million jobs, more than 15% of the labour force". The Commissioner also highlighted some of the key successes of existing FTAs, noting that the four-year old agreement with South Korea has led to a 30% increase in overall exports and a 96% increase in car exports specifically, whereas exports to Mexico have tripled in the fifteen years since free trade was established in 2000.
For the complete speech, click here.
For the complete speech, click here.