Ukraine, Turkey, soon Moldavia will joining the list. following Romania, Bulgaria and few more countries that have no right being in a trading zone with the likes of Germany, France, UK, Holland, Sweden.
Truth is, it stopped being a trading zone a long time ago. It's now a political zone run be politicians and bureaucrats who need more people to rule. While an open door trading agreement is handed out to the likes of China.
While they spin it like this.
Agreements - Trade - European Commission
Quote:
Over the next ten to 15 years, 90% of world demand will be generated outside Europe. That is why it is a key priority for the EU to tap into this growth potential by opening up market opportunities for European businesses abroad. One way of ensuring this is through negotiating agreements with our key partners.
As tariffs are relatively low in world trade today, trade barriers lie behind the customs borders: hence the EU aims to conclude Deep and Comprehensive Free Trade Agreements (DCFTA) that, on top of removing tariffs, also open up markets on services, investment, public procurement and include regulatory issues.
If the EU was to complete all its current free trade talks tomorrow, it could add 2.2% to the EU's GDP or ?275 billion. This is equivalent to adding a country as big as Austria or Denmark to the EU economy. In terms of employment, these agreements could generate 2.2 million new jobs or an additional 1% of the EU total workforce.
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The only way that demand can grow is by a decline in demand from the West.
And they tell us the UK will lose trade by being outside.