Question

What are the achievements of the European Union?

Answer 1

Single market:

1. The EV has developed a single market through a standardized system of laws, which apply to all member states.
2. It ensures the free movement of people, goods, services, and capital including the abolition of passport controls.
3. It maintains common policies of trade, agriculture, fisheries, and regional development.

Common foreign and security policy:

1. The EU is able to conclude treaties with countries and enacts legislation in justice and home affairs.
2. It has maintained representation at the World Trade Organisation, G – 8, G – 20, and at the United Nations.

Single Currency:

1. The Euro is the name of the Single European currency
2. It was put into circulation on January 1, 2002.
3. The symbol of the Euro is €.
4. Euro eliminated foreign exchange hurdles encountered by companies doing business across the European border and promotes free trade policy.

Enlargement of EU:

1. The Union’s membership has grown from the original six to the present day 28 by successive enlargements.
2. The countries acceded to the treaties and by doing so, pooled their sovereignty in exchange for representation in the institutions.

Scientific Research:

1. Scientific development is facilitated through the EU's frame work programmes.
2. The independent European Research Council allocates funds to European or national research projects.

EU’s role in the UNO:

1. The EU has established a strong relationship with the UNO.
2. The EU co-operates with the UNO in a broad range of areas.
3. It extends financial support to UN programs and projects.

Other Achievements:

1. The EU is the largest contributor of foreign aid in the world.
2. Above all, unity was brought by the EU in the Eurozone.