Table of Contents
The responsible lead editor for this section is Thomas Bournaris
Quotation: Bournaris, T. 2013: Introduction to the economic Impact Area Third Countries and International Relations. Available at: http://beta.liaise-toolbox.eu/node/1185.
The European Union affirms its identity internationally through the implementation of a foreign and security policy and through bilateral and multilateral co-operation. It confirms its solidarity with other countries and regions of the world through its development policy and by providing large-scale humanitarian assistance.
First goods and services exporter in the world, the European Union also contributes to a harmonious development of world trade through the progressive abolition of barriers to international exchanges.
Economic impacts in this area are related chiefly to trade and to foreign and development policy, and should be understood both as impacts internal to the European environment and as impacts affecting the external partners of such policies.
This impact area is further specified by the taxonomy terms: EU International Trade Policy, EU Foreign and Development Policy, EU Bilateral Trade Policies, Developing Countries, Impacts on Business or Social Groups in Third Countries, International Standards, Adjustment Costs in Developing Countries, Goods Traded with Developing Countries.
Legal Basis for the Commission to Act
The foundations of development cooperation are laid down in the Treaty on the Functioning of the European Union (Title III).
Please link to relevant Directorate General Contact Details.