371. Security developments in East Asia: what implications for the EU?
- Author:
- Nicola Casarini
- Publication Date:
- 02-2011
- Content Type:
- Policy Brief
- Institution:
- European Union Institute for Security Studies
- Abstract:
- East Asia is home to some of the most important trading partners of the Union. China is foremost among these, ranking second only to the US - in 2009, EU-China trade totalled a massive €296 billion - while the EU is China's most important trading partner. Japan is the sixth-largest trade partner of the EU - in 2009, EU-Japan trade was almost €92 billion. South Korea is the EU's eighth-largest trade partner and the EU has become South Korea's second largest export destination - total trade in 2009 was above €53 billion. Furthermore, on 6 October 2010 the EU and South Korea signed a Free Trade Agreement (FTA) which is the most ambitious bilateral trade agreement ever negotiated by the EU, and the first with an Asian country.
- Topic:
- International Trade and Finance
- Political Geography:
- Japan, China, Europe, Israel, Asia, and South Korea