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Nowadays, after fifty years, almost all of those objectives are fulfilled. Trade among all Member States has no barriers, there are no tariffs and goods move freely inside European Union. Also the external trade policy of the European Union is common for all Member States. That means single jurisdiction in all trade-related matters of European Union and its 25 member states. According to the Article 133 of the European Community Treaty which is the legal basis for the EU’s trade policy, European Commission in consultation with a special committee negotiates on behalf of all member states. All trade agreements signed by EU are binding on all EU institutions and all member states...
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