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The Pros And Cons Of The European Union

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The Pros And Cons Of The European Union
2. The European Union is a political and economic Union, which is collectively made up of twenty-eight European countries. The intention of the European Union is to foster economic and political cooperation between the member states, and “to make war not only unthinkable, but materially impossible.” (Schuman Doctrine) The belief of the European Union is that by promoting trade and interdependence between the member states, it will not only make them less likely to engage in war with each other, but it will also be against their best interests both politically and economically. Today, the European Union collectively possesses the world’s largest economy, is home to the world’s third largest population, and is the world’s largest exporter and …show more content…

BRICS is a multilateral organization that possesses twenty five percent of global GDP, thirty percent of global land, and forty three percent of the global population. The five member states are vastly different economically and politically, but they are all characterized by fast growing economies. Neither Russia nor China qualify for the European Neighborhood Policy, which is a bilateral policy between the EU and partner countries. The ENP policy makes neighboring countries part of the “ring of friends,” which gives them all of the benefits of being members in the EU, but without membership. The point of the ENP is to “achieve the closest possible political association and the greatest possible degree of economic integration” with neighboring nations in Eastern Europe, the Mediterranean, and the Southern Caucus. The reason that neither Russia nor China qualify for the ENP, is because they do not comply with the necessary requirements, which include a commitment to democracy, human rights, rule of law, good governance, and market economy principles and sustainable development. (Enlargement, the Neighborhood, and the European Order ppt.) Despite the fact that Russia and China do not comply with the EU’s criteria for inclusion in the ENP, the EU overlooks this and engages in “strategic agreements,” with them, because of the political and economic influence these two hegemons have on the international

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