Explainers

The EU and Canada are longstanding strategic partners sharing common values such as democracy, commitment to the rules-based international order as well as free and fair trade.

The EU and Canada represent a combined population of around 490 million people. Together they make up almost one fifth of global GDP and approximately 19% of global trade in goods and services.

The EU and the US have the world's most extensive bilateral trade and investment relationship and work together to tackle global security challenges.

The EU-Guatemala partnership is built on political dialogue, cooperation and trade. The EU supports Guatemala's efforts to strengthen democracy, protect human rights and advance sustainable development and prosperity.

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

The EU is concerned about the situation in Venezuela and calls for full respect for human rights. It is providing humanitarian aid to help Venezuelans in need and has adopted sanctions to encourage democratic solutions.

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

The Global Gateway is the EU's strategy to mobilise public and private investment worldwide between 2021 and 2027.

The EU is Brazil's second-biggest trading partner after China, accounting for over 15% of its total trade. Brazil is the EU's tenth-biggest trading partner.

Two agreements frame EU-Mercosur relations within a modernised and comprehensive partnership, covering political dialogue and trade cooperation. The EU has also introduced specific rules to protect its farming sector.