Bi-lateral,Multi -lateral.docVIP

Bi-lateral，Multi -lateral Regional trade agreements Introductions Regional economic integration has become one of the most striking trend of international economic relations, Since the 1990 s, regional economic integration organizations, such as bamboo shoots sprang up in the whole world, forming a strong new wave. , the rapid advance of the new wave of cooperation, the content of broad, flexible mechanism, forms of diversity, is unprecedented. This wave of regional economic integration not only reflects the new characteristics of in-depth development of economic globalization, but also reflects the new trend of world Multi-polarization tortuous development. Regional economic integration: Refers to a certain geographical relations of two or more than two countries or regions, in order to maintain the common economic and political interests, by signing a treaty or agreement between the government, formulate common principles and concerted policy action, even through the established governments agreement authorized institutions together, a long-term and stable supranational economic adjustment, to achieve economic and political union In this report, we will focus on European Union to study our topic. The case Analyzing European Union(EU) The European Union (EU) is a political and economic union of 27 member states, located primarily in Europe. It was established by the Treaty of Maastricht in 1993 upon the foundations of the pre-existing European Economic Community. With almost 500?million citizens, the EU combined generates an estimated 30% share of the worlds nominal gross domestic product (US$16.8 trillion in 2007). European Union Flag This is the European Union flag. The background is the blue sky. There are twelve golden stars. They form a circle. The circle means the union of the peoples of Europe. Twelve means perfection and completeness. Since 1986 the flag has been used as the European Union flag by the Council of Europe. EU economic situ