This snapshot, taken on
26/08/2003
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Trade is a key contributor to economic growth and the creation of jobs throughout the world. Trade relations with countries outside the EU fall within the Common Commercial Policy of the European Union. UK prosperity depends on our ability to trade and invest freely. The continued strength of the multilateral, rules-based world trading system, centred on the World Trade Organisation (WTO), is critical to this. The European Commission negotiates with third countries on the basis of mandates agreed by the Member States. There are also agreements dealing with aid and development issues.
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