The Trade in the European Union

mber states (Austria, Belgium, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom)’. In the near future more states are going to be added to the above list. The decision on the requirements related with the entrance of a new country in the Union is taken within the Union in a relevant meeting of the representatives of the member states. It is this ‘body’ that also decides for the policies followed in all sectors of European Union including the commerce. It should be noticed though that specific criteria should be used for the above decision otherwise the relevant decision can be doubted from the interested parties (potential members of the Union) as of its validity and credibility. On the other hand, in a relevant report published in Social Education (2002, 1) it is noticed that the EU has a unique structure. it was created by and is composed of sovereign countries. but it is more than an international organization. it has common institutions similar to those of a national government in that they can enact and implement laws throughout EU territory. these institutions also formulate Europes `common policies, for example in trade, agriculture, transport and the environment, which are paid for by the EUs own budget’. In accordance with the above, European Union has a particular character which is related with the characteristics of the member states. It is for this reason that any decision taken in the context of the community has to be verified by the appropriate ‘body’ in accordance with the nature of issue under examination. The use of treaties for the creation of standard practices in the community is a common practice among the member states. Regarding this issue, it is stated by Savage (2001, 46) that ‘treaties and other forms of budgetary agreements create