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The facts mentioned below make the European Union a highly influential regional organisation : It has its own flag, anthem, founding date and currency. It has forum of a foreign and security policy in its dealings with other nations.

Europe's rich agricultural and industrial diversity has made the continent a center of trade and commerce for centuries. It is centrally located between the two other “Old World” continents, Africa and Asia.

Business, growth and trade The EU is the largest trade bloc in the world. It is the world's biggest exporter of manufactured goods and services, and the biggest import market for over 100 countries. Free trade among its members was one of the EU's founding principles. This is possible thanks to the single market.

The EU's heterogeneity is too great, and the large countries remain too committed to their national foreign policies. The best that can be hoped for is better coordination of the big European countries' national foreign policies, which should complement, rather than stifle, the EU's common policy.

The EU has 10 strategic partnerships with the following countries: Brazil, Canada, China, India, Mexico, Japan, the Republic of Korea (South Korea), Russia, South Africa, and the US.

And looking back at more than 70 years of European ideas and unification, it can be said: the EU is a remarkable success in many ways. Peace, stability, legal certainty, and freedom of movement – these are achievements which are by no means self-evident and which we have to keep reminding ourselves of.

EU International Partnerships focuses on these policy areas: EU International Partnerships focuses on these policy areas: Climate, environment and energy. ... Digital and infrastructure. ... Gender equality. ... Human development. ... Migration and forced displacement. ... Peace and governance. ... Sustainable growth and jobs. ... Youth.

Benefits for countries joining the EU political stability. freedom for citizens to live, study or work anywhere in the EU. increased trade via access to the single market. increased funding and investment. higher social, environmental, and consumer standards.