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Although the EU is now the most important trading partner for over 70 countries around the world, by 2024 about 85 percent of the world's GDP is expected to be generated outside the EU (Photo: A bloke called Jerm)

The EU and WTO: rethinking trade matters

The Covid-19 pandemic has added a massive shock to global markets that were already strained by trade tensions. Going forward, we must contend with a trade landscape where business face significant uncertainty, and governments are looking to minimise the economic fall-out on citizens.

An effective and successful EU trade policy should support trade, investment and jobs creation. It should drive sustainable growth, competitiveness and decent jobs, and support successful agriculture and b...

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Disclaimer

The views expressed in this opinion piece are the author’s, not those of EUobserver

Author Bio

Timo Vuori is a member of the employers' group and rapporteur of the European Economic and Social Committee, and chief executive of Finland's International Chamber of Commerce.

Although the EU is now the most important trading partner for over 70 countries around the world, by 2024 about 85 percent of the world's GDP is expected to be generated outside the EU (Photo: A bloke called Jerm)

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Author Bio

Timo Vuori is a member of the employers' group and rapporteur of the European Economic and Social Committee, and chief executive of Finland's International Chamber of Commerce.

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