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Effective implementation and enforcement of EU trade agreements and international trade rules have added €5.4 billion to EU exports in 2020. This confirms that European Commission efforts are paying off. Tangible results range from the elimination of trade barriers to addressing unfair trade practices and taking action on trade and sustainable development. Over the past year, the Commission has also developed further legal instruments to strengthen the EU's capacity to defend its key interests and protect its open strategic autonomy.
The Commission's first comprehensive annual report on implementation and enforcement, published today, describes the Commission's actions, in close partnership with EU business, Member States and stakeholders, to keep markets open and ensure that EU trading partners comply with their commitments. The report covers four priority areas: (1) Making full use of the opportunities provided by EU trade agreements; (2) Supporting the uptake of trade agreements by small businesses; (3) Addressing trade barriers; (4) Enforcing trade commitments through dispute settlement.CONTINUE READING ON: ec.europa.eu
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