A description of EU the treaties, including a clear explanation of how this has generated opportunities and treats for UK businesses. The EU treaties are international laws which are written by the nations in the European Union. All countries in the European Union must adhere to them in good faith. There are several treaties which can be classified as either political or commercials agreements. Brussels Treaty The treaty was signed in 1948 by France, Belgium, Luxembourg, the Netherlands and the UK.
The main purpose of the treaty was to prevent further conflict between countries after the Second World War, European integration would be used to prevent this. The treaty agreed on military assistance as well as economic, social and cultural co- operation between the countries. The treaty paved the way for Western European Union Nato. The treaty improved relationships between the countries and also increases trade. This treaty created benefits for firms as customers can buy products from different countries. Paris Treaty
The Paris treaty was set up by the European coal and steel community. The Treaty came into effect in the 1950s and the main purpose was to improve relations between France and Germany and prevent future outbreaks between the two. The treaty was later signed on by Italy, Belgium, Luxembourg and the Netherlands this would results in better relationships between the countries. Treaty of Rome The treaty of Rome was signed on March 25th 1957. This treaty was signed by,Luxembourg to establish the European Economic Community (EEC) also known as the common market,
as an economic association of western European countries. The treaty of Rome has been amended several times to take account for the new member states joining the EEC. Once a treaty has been signed , it must be ratified by all member states before it comes into force. By 1973 more countries joined the treaty of Rome and these are United Kingdom, Denmark, Republic of Ireland and more. This benefits firms as they can set up branches in all EU countries meaning business growing, resulting in economies of scale.
Business can attract more customers as it has now expanded new to new territories. Boots has several stores in France and Spain. Treaty of Maastricht Maastricht is perhaps the best known and the most controversial of the European treaties, Maastricht is officially known as the treaty of the European Union and with it came the EU into existence for the first time. This treaty was approved at Maastricht in Netherlands by the 12 heads of government of the European Community in December 1991 and signed on February 7th 1993.