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- Facilitated peace and cooperation among member states, preventing conflicts and wars that plagued Europe in the past.
- Created a single market, promoting free movement of goods, services, capital, and labor, enhancing economic growth and competition.
- Has developed common policies in various fields such as trade, agriculture, environment, transportation and more.
Economic Integration
- Eurozone: 19 EU member states have adopted a common currency, the Euro, fostering economic stability, reducing transaction costs, and facilitating trade and financial integration.
- Single Market: Allows free movement of goods, services, capital, and labor within the EU, creating a large and prosperous economic area.
- Common Agricultural Policy (CAP): Provides subsidies and support mechanisms for farmers, ensuring food security and sustainability in agriculture.
Social Integration
- Schengen Area: Allows for passport-free travel within the majority of EU member states.
- Erasmus + Program: Promotes education, training, youth and sports exchanges, fostering cultural understanding and mobility.
- Social Welfare Policies: The EU helps promote social protection, workers' rights, equal opportunities and inclusion.
External Relations
- Trade Agreements: Negotiates trade deals with other countries and regions, opening new markets for European businesses and boosting exports.
- Foreign Policy and Diplomacy: Conducts foreign policy and diplomacy on issues of common interest, acting as a unified voice on the international stage.
- Development Assistance: Provides financial aid, technical assistance, and expertise to developing countries, supporting global poverty reduction and sustainable development efforts.
Legal and Institutional Framework
- Rule of Law: Promotes and upholds the rule of law, human rights, and democratic values, including protection of minorities.
- European Court of Justice (ECJ): Ensures uniform application and interpretation of EU laws and regulations.
- EU Institutions: Consists of various institutions, including the European Parliament, the European Commission and the Council of the European Union, each playing a specific role in the decision-making process.