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The Republic of Korea (South Korea) and the European Union (EU) are important trade partners: Korea is the EU's 9th largest trading partner and the EU is Korea's second largest export market. The two have signed a free trade agreement which will be provisionally applied by the end of 2011.
1 These countries are currently not participating in the EU's single market (EEA), but the EU has common external Customs Union agreements with Turkey (EU-Turkey Customs Union in force since 1995), Andorra (since 1991) and San Marino (since 2002). Monaco participates in the EU customs union through its relationship with France; its ports are ...
The member states of the European Union are aligned in their foreign policy on many issues. The EU is the world's largest economic union, customs union and donor of humanitarian and development assistance and thus has an extensive network of delegations around the world mainly operating in the framework of External Relations, for which the European Commission is the main decision body.
The European Union has a number of relationships with foreign states. According to the European Union's official site, and a statement by Commissioner Günter Verheugen, the aim is to have a ring of countries, sharing EU's democratic ideals and joining them in further integration without necessarily becoming full member states.
The European Union (EU) is a political and economic union of 27 member states that are party to the EU's founding treaties, and thereby subject to the privileges and obligations of membership. They have agreed by the treaties to share their own sovereignty through the institutions of the European Union in certain aspects of government.
The special territories of EU member states are categorised under three headings: nine Outermost Regions (OMR) that form part of the European Union, though they benefit from derogations from some EU laws due to their geographical remoteness from mainland Europe; thirteen Overseas Countries and Territories (OCT) that do not form part of the ...
The European Union uses foreign relations instruments like the European Neighbourhood Policy which seeks to tie those countries to the east and south of the European territory of the EU to the union. These countries, primarily developing countries, include some who seek to one day become either a member state of the European Union , or more ...
Croatia joined the European Union as a full member on July 1, 2013, while Romania joined on January 1, 2007. Cyprus: 1960-08-16: See Foreign relations of Cyprus [11] [12] Cyprus joined the European Union as a full member on May 1, 2004, while Romania joined on January 1, 2007. Romania has an embassy in Nicosia [13] and an honorary consulate in ...