chapter  3
38 Pages

Europe’s Africa

The common market of the European Union does not derive its great commercial bargaining power solely from its domination of the trade among the countries of the European continent. It has a widespread network of trade agreements, with North African and Middle Eastern countries, with former Soviet Republics in Central Asia, with the association of South-East Asian Nations, with most Latin American countries, and with Mercosur. These treaties and agreements have sprung from the ability of the European Union to speak with one voice on questions of commercial policy and trade regulation, even when it has had the utmost difficulty in doing so in other areas of foreign policy.