This House of Lords Library Briefing summarises the EU's trading relationships with OECD and BRICS countries, excluding European Free Trade Association states.Jump to full report >>
This Briefing provides summary information on the EU’s trading relationships with each country which is a member of the Organisation for Economic Cooperation and Development (OECD), and with the five BRICS countries. However, the Briefing does not include information on the trading relationship with the OECD countries who are members of the European Free Trade Association, as (with the exception of Switzerland) these form part of the European Economic Area.
The EU has a World Trade Organisation recognised ‘regional trade agreement’ with seven of these countries: four involving free trade agreements extending to goods and services; two free trade agreements focused on goods; and one a customs union (Turkey).
For each, the Briefing highlights:
Lords Library notes LLN-2018-0012
Author: Russell Taylor
The House of Lords Library delivers research and information services to Members and staff of the House in support of parliamentary business.