The EU’s FTA Strategies in its New Trade Policy Initiatives and Policy Implications

Abstract

Beginning with the Global Europe Initiative in 2006, the EU has conducted active trade policy measures to contribute to economic growth, job creation and social cohesion in the European community. One of the conspicuous features of the new trade policy is that the EU does its best to support EU companies to bene-fit from better market access through new trade policy tools. Comprehensive and high-leveled bilateral FTA initiatives, among others, have rapidly emerged as a major tool of the new trade policy to achieve such goals.