Memo: The EU’s free trade agreements – where are we?

Over the next two years (2013-15), 90% of world demand will be generated outside the EU. That's why it is a key priority for the EU to open up more market opportunities for European businesses by negotiating new Free Trade Agreements with key countries.

If we were to complete all our current free trade talks tomorrow, we'd be adding to the EU economy 2.2% to our GDP, or €275 billion. This is equivalent to adding a country as big as Austria or Denmark to the EU economy. In terms of jobs, they could generate 2.2 million new jobs or 1% of the EU total workforce.