Free trade agreements of the European Union

Overview of free trade agreements in the European Union From Wikipedia, the free encyclopedia

The European Union has concluded free trade agreements (FTAs).[1] The European Union negotiates free trade deals on behalf of all of its member states, as the member states have granted the EU an "exclusive competence" to conclude trade agreements. Even so, member states' governments control every step of the process (via the Council of the European Union, whose members are national ministers from each national government):

  • Before negotiations start, member states' governments (via the Council of Ministers) approve the negotiating mandate;
  • During negotiations, member states' governments are regularly briefed on the progress of negotiations and can update the negotiations mandate or suspend negotiations;
  • Upon conclusion of negotiations, member states' governments decide whether the agreement should be signed;
  • After approval from the European Parliament and (in case the agreement covers areas other than trade such as investment protection) upon ratification in each member state parliament, member states' governments decide whether the agreement should be concluded and enter into effect.

EU Free trade agreements
  European Union
  Agreement in force
  Agreement provisionally applied

The list below only includes countries that have an FTA with the European Union according to the WTO.[1]

Free trade agreements in force

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Free trade agreements provisionally applied

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Negotiated free trade agreements

Ongoing negotiations as of January 2026:[70]

Competence

The European Court of Justice has held that investor-state arbitration provisions (including a dedicated tribunal planned by some free trade agreements) falls under competency shared between European Union and its member states and that for this reason, the ratification of such mixed agreements[76] should be approved by the EU as well as by each of the union's member states.[77] This court decision has resulted in a new architecture of external trade negotiations which will have two components:[78]

  • a free trade agreement - related exclusively to trade matters - which can be adopted at the EU level;
  • an investment agreement - containing investment, arbitration and other non-trade provisions - which needs to be ratified by the member states as well.

Impact to consumers

One study found that the trade agreements that the EU implemented over the period 1993-2013 have, on average, increased the quality of imported goods by 7% and therefore "lowered quality-adjusted prices by close to 7%," without having much of an impact on the non-adjusted price.[79]

See also

Notes

  1. Excluding the EU and its member states
  2. Entry into force of Interim Agreement
  3. Interim Agreement
  4. Agreement on Trade, Development and Cooperation
  5. Decision of the EC-Turkey Association Council
  6. Includes Jersey, Guernsey and the Isle of Man with regards to trade in goods and fisheries. For Northern Ireland, a more comprehensive arrangement is in place with regards to trade in goods based on the Withdrawal Agreement.

References

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