Von der Leyen Summit Speech: EU Backs Multilateralism With 80 Trade Agreements
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The EU's trade-agreement network and its stance on WTO reform directly affect market access, supply-chain planning and cross-border compliance for companies, while the direction of UN reform may shape the pace of international rule coordination.
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- European Commission Press CornerVon der Leyen Summit Speech: EU Backs Multilateralism With 80 Trade Agreements
European Commission President von der Leyen spoke at the Summit in Support of Multilateralism in New York, stressing the importance of partnerships in a fractured world and noting the EU is expanding its network of trade agreements, now numbering 80, including India, Australia, Mercosur and Indonesia. She said these partnerships bring prosperity and economic security and serve as a platform for shared standards, shared rules and support for the WTO and its reform. She also called the UN indispensable, citing the Black Sea Grain Initiative, and said the EU supports the UN80 initiative for a simpler, more efficient United Nations.