Realizing European soft power in external cooperation and trade

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Series Details 2021/11, Number 11
Publication Date 2021
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Abstract

The EU is the world’s largest trader of goods and services, and the leading source and destination for international investment flows. It is distinct among the large global economic powers in the extent to which its external policy objectives are pursued through trade policy instruments and the role that values play in its external relations strategy. The implementation of the common commercial policy broadly defined in this brief to include regulatory standards that determine the conditions for trade in goods and services as well as investment flows into and out of the European single market is primarily an EU-level responsibility. In parallel, EU Member States use a range of policy instruments to pursue a mix of commercial interests and foreign policy objectives, including official development assistance, export credit and development finance support for national enterprises and other types of export promotion activities.

Source Link https://cadmus.eui.eu//handle/1814/73150
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  • https://cadmus.eui.eu/bitstream/handle/1814/73150/RESPECT_Policy-brief.pdf?sequence=1&isAllowed=y
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