Explainers

The EU is Türkiye’s top trading partner.

EU rules on screening foreign investment enable member states to control foreign investments in the EU and address any risks to security or public order. This is done in cooperation with other member states and the Commission.

The EU customs union creates a single tariff area for all goods imported from outside the EU, allowing the goods to move freely between member states without customs.

The EU is reforming its customs union to make procedures more efficient, strengthen security measures and improve risk management across member states.

The European Union is the world's largest trade bloc in terms of goods and services combined, accounting in 2025 for an estimated 15.9% of world trade.

Following Brexit, the EU and the UK negotiated a set of agreements to guide and govern the future EU-UK relationship. These agreements protect citizens' rights while ensuring fair competition and continued cooperation.

Trade relations are currently governed by the 2000 EU-Mexico Economic Partnership, Political Coordination and Cooperation Agreement.

The European Union is the second trade partner of the Gulf Cooperation Council countries.

EU-India trade in goods and services has grown substantially over the past decade.

The EU and the US have the biggest bilateral trade and investment relationship in the world. In 2024, transatlantic trade in goods and services reached over €1.68 trillion