Common Market Agreement

As part of the investment offensive for Europe for closer integration of capital markets, in 2015, the Commission adopted the Action Plan for the Establishment of a Capital Markets Union (CMU), which contains a list of the main measures for the achievement of a genuine internal capital market in Europe, which deepens the existing banking union, as these are market-based forms of disinteralised financing, which should be an alternative to the traditional bank-based financing system (in Europe). [74] The EU`s political and economic environment calls for strong and competitive capital markets to finance the EU economy. [75] The CMU project is a political signal to strengthen the internal market as a project for all 28 Member States[76] instead of the eurozone countries and sends a strong signal to the UK that it will remain an active part of the EU before Brexit. [77] … a common customs system) and common markets (which allow, in addition to common tariffs, the free movement of resources such as capital and labour between Member States). A free trade area with common tariffs is a customs union. The Committee on Trade will support Mercosur`s executive body, which is still trying to implement the common trade policy instruments agreed by member states for the implementation of customs unification. The Commission should also monitor the development of issues and issues related to the common trade policy, intra-Mercosur trade and trade with other countries. The Commission will have five effective members and four alternates, with each Member State having one member. The Trade Commission is working hard to implement common trade policy instruments, such as trade agreements with other countries or international institutions; lists of administrative/commercial products; a final adjustment system for the standardization of Mercosur`s tariffs; Original system; The free trade zone system, special customs processing and export zones; The system of deterring unfair business practices; Eliminating and harmonizing customs restrictions; protection systems for third countries; Customs coordination and harmonization; Consumer protection systems harmonization of export incentives. The group is the executive arm of Mercosur and is coordinated by the foreign ministries of the Member States. Its fundamental task is to enforce the Treaty of Asuncion and to take the necessary decisions to implement the decisions taken by the Council.

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