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THE EUROPEAN UNION

THE EUROPEAN UNION. Lesson 1 Why should students in the United States study Europe and the European Union?. Partners in Global Leadership. The EU and U.S. work together: Fighting terrorism and transnational crime Advancing global trade liberalization

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THE EUROPEAN UNION

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  1. THE EUROPEAN UNION Lesson 1 Why should students in the United States study Europe and the European Union?

  2. Partners in Global Leadership The EU and U.S. work together: • Fighting terrorism and transnational crime • Advancing global trade liberalization • Combating piracy and intellectual property violations • Promoting peace, freedom and the rule of law

  3. The EU and the U.S. • Are helping restore peace and stability in Afghanistan. • Work together in the Middle East Quartet to advance the peace process. • Agree with each other on many policies, and others tend to follow.

  4. Shared Values and Responsibilities • Freedom & Democracy Support free elections, good governance, human rights, and the rule of law around the world • Security Fight terrorism, limit the spread of nuclear weapons, and work for global peace • Development Jointly provide 80% of global development assistance – a larger share of it in times of disaster and conflict

  5. A Dynamic Transatlantic Economy • EU and U.S. together account for 40% of total global trade. • The intertwined economies employ 12-14 million workers on both sides of the Atlantic. • Europe is by far the most significant source of foreign investment in the US economy.

  6. In the U.S. European companies are the leading foreign investors in the U.S. The UK, Germany, France, and the Netherlands – top four sources of jobs created by foreign investment in the United States. BMW’s assembly plant is South Carolina’s largest private sector employer.

  7. In the EU American companies invest far more in EU countries than in Asia. • U.S. businesses make 5 times the profit in the Netherlands - alone - as they make in China. • In 2005, EU investments in Texas alone surpassed all U.S. investments in China and Japan, combined.

  8. Future of Transatlantic Relations • The EU and U.S. face common challenges that are global in origin and impact. • With global challenges, come global responsibilities.

  9. Future of Transatlantic Relations The EU and U.S. are natural partners and lead in four key areas: • Promoting peace, human rights and democracy worldwide. • Confronting global challenges. • Fostering prosperity and opportunity. • Advancing strategic cooperation on energy security and environmental issues.

  10. “We [the United States and the European Union] are not geopolitical or strategic rivals. We do not pursue different visions of global order, based on competing values. Ours is a win-win relationship. The US has a lot to gain from upgrading its relations with the EU, and vice versa.” A NEW ATLANTICISM FOR THE 21st CENTURYJosé Manuel Durao Barroso, President of the European Commission 26 March 2010

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