Free Trade Areas In Europe
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Free Trade Areas In Europe
At present, there are four multi-lateral free trade areas in Europe, and one former free trade area in recent history. Note that there are also a number of bilateral free trade agreements between states and between trade blocks; and that some states participate in more than one free trade area. EU The European Union (EU) has always operated as more than a free trade area with its predecessor, the European Economic Community (EEC) being founded as a customs union. The EU has free trade agreements to varying levels with most other European countries. ;EU Single Market The EU shares Internal market, its single market with three EFTA members via the European Economic Area agreement, and the remaining EFTA member—Switzerland—via bilateral agreements. ;EU Customs Union The European Union Customs Union is a customs union which consists of all the member states of the European Union and Turkey, San Marino, Monaco, Andorra and the UK territory of Akrotiri and Dhekelia which are o ...
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EU EFTA CEFTA CISFTA
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a ''sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to act ...
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Outer Seven
The Inner Six, also known as the Six, the Six founders, or the founding members of the European Union, refers to Belgium, France, Germany, Italy, Luxembourg, and the Netherlands, the six founding member states of the European Communities, now succeeded by the European Union. History The Inner Six are those who responded to the Schuman Declaration's call for the pooling of coal and steel resources under a common High Authority. The six signed the Treaty of Paris creating the European Coal and Steel Community on 18 April 1951 (which came into force on 23 July 1952). Following on from this, they attempted to create a European Defence Community: with the idea of allowing West Germany to rearm under the authority of a common European military command, a treaty was signed in 1952. However the plan was rejected by the Senate of France, which also scuppered the draft treaty for a European Political Community (which would have created a political federation to ensure democratic ...
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Commonwealth Of Independent States
The Commonwealth of Independent States (CIS) is a regional intergovernmental organization in Eurasia. It was formed following the dissolution of the Soviet Union in 1991. It covers an area of and has an estimated population of 239,796,010. The CIS encourages cooperation in economic, political and military affairs and has certain powers relating to the coordination of trade, finance, lawmaking, and security. It has also promoted cooperation on cross-border crime prevention. As the Soviet Union disintegrated, Belarus, Russia and Ukraine signed the Belovezh Accords on 8 December 1991, declaring that the Union had effectively ceased to exist and proclaimed the CIS in its place. On 21 December, the Alma-Ata Protocol was signed. The Baltic states (Estonia, Latvia and Lithuania), which regard their membership in the Soviet Union as an illegal occupation, chose not to participate. Georgia withdrew its membership in 2008 following the Russo-Georgian War. Ukraine formally ended its ...
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CISFTA (orthographic Projection)
Commonwealth of Independent States Free Trade Area (CISFTA) is a free-trade area among Russia, Ukraine, Belarus, Uzbekistan, Moldova, Armenia, Kyrgyzstan, Kazakhstan and Tajikistan. Five CISFTA participants, all except Ukraine, Uzbekistan, Moldova and Tajikistan, are members of the Eurasian Economic Union, comprising a single economic market, although Uzbekistan and Moldova are observers. History The Commonwealth of Independent States Free Trade Zone Agreement, proposed since the breakup of the Soviet Union in 1991, was signed on 18 October 2011 by Russia, Ukraine, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Moldova and Armenia. The agreement replaces existing bilateral and multilateral free trade agreements among the countries. Initially, the treaty was only ratified by Russia, Belarus, and Ukraine, however by the end of 2012, Kazakhstan, Armenia, and Moldova had also completed ratification. In December 2013, Uzbekistan signed and then ratified the treaty, while the remainin ...
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Moldova
Moldova ( , ; ), officially the Republic of Moldova ( ro, Republica Moldova), is a Landlocked country, landlocked country in Eastern Europe. It is bordered by Romania to the west and Ukraine to the north, east, and south. The List of states with limited recognition, unrecognised state of Transnistria lies across the Dniester river on the country's eastern border with Ukraine. Moldova's Capital city, capital and largest city is Chișinău. Most of Moldovan territory was a part of the Principality of Moldavia from the 14th century until 1812, when it was Treaty of Bucharest (1812), ceded to the Russian Empire by the Ottoman Empire (to which Moldavia was a Vassal state of the Ottoman Empire, vassal state) and became known as Bessarabia. In 1856, southern Bessarabia was returned to Moldavia, which three years later united with Wallachia to form United Principalities, Romania, but Russian rule was restored over the whole of the region in 1878. During the 1917 Russian Revolution, B ...
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Western Balkans
The Balkans ( ), also known as the Balkan Peninsula, is a geographical area in southeastern Europe with various geographical and historical definitions. The region takes its name from the Balkan Mountains that stretch throughout the whole of Bulgaria. The Balkan Peninsula is bordered by the Adriatic Sea in the northwest, the Ionian Sea in the southwest, the Aegean Sea in the south, the Turkish Straits in the east, and the Black Sea in the northeast. The northern border of the peninsula is variously defined. The highest point of the Balkans is Mount Musala, , in the Rila mountain range, Bulgaria. The concept of the Balkan Peninsula was created by the German geographer August Zeune in 1808, who mistakenly considered the Balkan Mountains the dominant mountain system of Southeast Europe spanning from the Adriatic Sea to the Black Sea. The term ''Balkan Peninsula'' was a synonym for Rumelia in the 19th century, the European provinces of the Ottoman Empire. It had a geopolitic ...
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Treaty Of Accession 2003
The Treaty of Accession 2003 was the agreement between the member states of the European Union and ten countries (Czech Republic, Estonia, Cyprus, Latvia, Lithuania, Hungary, Malta, Poland, Slovenia, Slovakia), concerning these countries' accession into the EU (see 2004 enlargement of the European Union). At the same time it changed a number of points which were originally laid down in the Treaty of Nice. The treaty was signed on 16 April 2003 in Athens, Greece and it entered into force on 1 May 2004, resulting in enlargement of the European Union with 10 states. Background The European Union comprises a large number of overlapping legal structures which is a result of it being defined by successive international treaties. As well as other acts which together form the current legal framework (acquis) of the EU, the Treaty of Accession 2003 modifies: *the Treaty of Rome (establishing the European Economic Community), *the Euratom Treaty (establishing the European Atomic En ...
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Central European Free Trade Agreement
The Central European Free Trade Agreement (CEFTA) is an international trade agreement between countries mostly located in Southeastern Europe. Founded by representatives of Poland, Hungary and Czechoslovakia, CEFTA expanded to Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Moldova, Montenegro, North Macedonia, Romania, Serbia, Slovenia and the UNMIK (on behalf of Kosovo, in accordance with UNSCR 1244). Members As of 1 July 2013, the parties of the CEFTA agreement are: Albania, Bosnia and Herzegovina, Moldova, Montenegro, North Macedonia, Serbia, and UNMIK (on behalf of Kosovo). Former parties are Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Slovakia, and Slovenia. Their CEFTA memberships ended when they became member states of the European Union (EU). Membership criteria Former Poznań Declaration criteria: * World Trade Organization membership * European Union Association Agreement with provisions for future full membership * Free Trade Agreement ...
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Central Europe
Central Europe is an area of Europe between Western Europe and Eastern Europe, based on a common historical, social and cultural identity. The Thirty Years' War (1618–1648) between Catholicism and Protestantism significantly shaped the area's history. The concept of "Central Europe" appeared in the 19th century. Central Europe comprised most of the territories of the Holy Roman Empire and those of the two neighboring kingdoms of Poland and Hungary. Hungary and parts of Poland were later part of the Habsburg monarchy, which also significantly shaped the history of Central Europe. Unlike their Western European (Portugal, Spain et al.) and Eastern European (Russia) counterparts, the Central European nations never had any notable colonies (either overseas or adjacent) due to their inland location and other factors. It has often been argued that one of the contributing causes of both World War I and World War II was Germany's lack of original overseas colonies. After World War ...
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Revolutions Of 1989
The Revolutions of 1989, also known as the Fall of Communism, was a revolutionary wave that resulted in the end of most communist states in the world. Sometimes this revolutionary wave is also called the Fall of Nations or the Autumn of Nations, a play on the term Spring of Nations that is sometimes used to describe the Revolutions of 1848 in Europe. It also led to the eventual breakup of the Soviet Union—the world's largest communist state—and the abandonment of communist regimes in many parts of the world, some of which were violently overthrown. The events, especially the fall of the Soviet Union, drastically altered the world's balance of power, marking the end of the Cold War and the beginning of the post-Cold War era. The earliest recorded protests were started in Kazakhstan, then part of the Soviet Union, in 1986 with the Jeltoqsan, student demonstrations — the last chapter of these revolutions is considered to be in 1993 when Cambodia United Nations Transition ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ...
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Liechtenstein
Liechtenstein (), officially the Principality of Liechtenstein (german: link=no, Fürstentum Liechtenstein), is a German-speaking microstate located in the Alps between Austria and Switzerland. Liechtenstein is a semi-constitutional monarchy headed by the prince of Liechtenstein. Liechtenstein is bordered by Switzerland to the west and south and Austria to the east and north. It is Europe's fourth-smallest country, with an area of just over and a population of 38,749 (). Divided into 11 municipalities, its capital is Vaduz, and its largest municipality is Schaan. It is also the smallest country to border two countries. Liechtenstein is a doubly landlocked country between Switzerland and Austria. Economically, Liechtenstein has one of the highest gross domestic products per person in the world when adjusted for purchasing power parity. The country has a strong financial sector centred in Vaduz. It was once known as a billionaire tax haven, but is no longer on any officia ...
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