A common commercial policy involves several states coordinating some or all aspects of their trade policy.
It is sometimes agreed by treaty within a customs union.[example needed] In the case of the European Union, a form of the EU's common commercial policy has been in place since 1957.[1]
A common commercial policy is also an aim of Mercosur.[citation needed]
References
edit- ^ "Archives - Intergovernemental Conference". ec.europa.eu.
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