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How does joining the European Union affects a country's right to trade - Essay Example

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With membership totaling up to 27 countries there are apparent benefits to be in the union. These include increased trading among member states, less…
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How does joining the European Union affects a countrys right to trade
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How does joining the European Union affects a country's right to trade

Download file to see previous pages... Citizens of these countries are allowed to move freely hence able to provide there services in any of the member states without much restrictions.
However, there are a number of legislations which impede trading between European Union members and non member states (Federation of American Scientists). There are requirements provided by EU which affects rights to trade for member states. For instance democracy should be upheld, stable institutions, respect for human rights and rule of law. The country must be able to cope with market forces and competition existing within the union.
The union members are also to observe environmental issues before trading. Furthermore as a contribution to a sustainable environment, EU members have to observe certain guidelines before trading with other non member countries. If these countries do not meet the requirements then there will be no trading between the countries. In support of reduction in greenhouse gas emission EU ensures special tariff rates for countries that have ratified global environmental agreements (Europa). In addition there are a number of criteria which have to be observed by EU countries before issuing trading licenses to non member countries. These criteria to a greater extend impede trading. They include abiding by international commitments such as sanctions, respect for human rights and national security of nations etc.
There have been efforts by the European Union to ensure that third countries develop democratic parliamentary institutions. Respect for fundamental rights and democratic principles are laid down as “essential element to all the agreements reached upon by the respective governments
(European Commission). As much as these principles are essential in addressing pertinent issues in the society it hinders trade between nations. Member states from EU may shun from trading ...Download file to see next pagesRead More
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