European website supports push for unobstructed trade and market access within the EU
The European Union (EU) has unveiled a new trade declaration, aiming to foster an open trade environment that drives innovation, growth, and resilience. The declaration, spearheaded by Maroš Šefčovič, the current EU Trade Commissioner, focuses on improving market access and facilitating trade negotiations.
One of the key objectives of the declaration is to reduce costs for consumers by enhancing trade facilitation. This approach is expected to benefit both exporters and consumers, offering increased choice and variety in the goods available.
The EU believes that an open trade environment can be instrumental in sustaining economic prosperity within the EU. In fact, one in five jobs in the EU is linked to exports, underscoring the significance of trade to the region's economy.
The declaration also emphasises the need to balance strategic autonomy with openness. This approach is designed to ensure that the EU maintains control over its own economic destiny while still reaping the benefits of an open trade policy.
The EU's strategy includes facilitating trade negotiations to improve market access and reduce market access barriers. This will help the EU to better position itself in the global market, fostering a more competitive and innovative economy.
Moreover, the declaration seeks to ensure long-term economic growth through open trade. The EU's goal is to have a dedicated Trade Commissioner focusing on trade-related matters, working tirelessly to achieve these objectives.
The declaration's focus on promoting economic growth and resilience through trade openness is a testament to the EU's commitment to its citizens and businesses. By embracing an open trade policy, the EU hopes to create a more vibrant and resilient economy, capable of weathering any storm.
In conclusion, the EU's new trade declaration represents a bold step towards a more open, innovative, and resilient economy. By focusing on trade facilitation, market access, and strategic autonomy, the EU aims to create an environment that fosters growth, drives innovation, and benefits both businesses and consumers alike.
