The European Union (EU) is an association of European countries. It was established in 1993. The union was formed to strengthen the weaker or developing countries. The EU is a group of a political and economic union built by many European nations. There are many common things which are used by all of them. All the counties which are a part of the EU use a common currency that is named as the Euro. Moreover, there’s no passport required to move throughout the union. The EU has built a common market and a joint economic strategy. There are so many laws and treaties that every country of the EU has to follow. The new applicants are also eligible to join them but they have to meet the required economic criteria.
The EU is the largest economy in the world by the measure of nominal gross domestic product (GDP). Since its establishment, the main motive of the European Union is to build a single market which is free from all restrictions. Ari Afilalo is a professor at Rutgers Law School, with a J.D. from Boston University School of Law and LL.M.from Harvard Law School. He is an expert in the subjects of business agreements, European Union Laws, exchanges, and International Trade Law.
Ari Afilalo’s book ‘The New Global Trading Order- The Evolving State And The Future Of The Trade’, explains the international trade laws and the nature of the State. In this book, he mainly focuses on international transactions and free trade treaties across the countries. He has a great vision of the European Union Laws and free trade laws.
The European Union has made several laws that play an important role in international relations, diplomacy, and cross-border development projects. The European Union laws are mainly divided into two part. These are ‘primary’ and ‘secondary’ legislation. The primary legislation includes all the basic or primary rules which are set for all EU members. The Secondary legislation includes laws, instructions, and decisions. They are derived from the principles and purposes introduced or mentioned in the laws and treaties.