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The EU and the US share the largest bilateral trade and investment relationship in the world, with the overall volume of EU-US trade in goods and services totaling $1200 billion in 2003. That is why the relationship between the United States and Europe constitutes the world's strongest, most comprehensive and strategically most important partnership...
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European Commission President Barroso, Brussels, 9 February 2005.
The European Union and the United States share common interests in developing coherent strategies in order to promote peace and stability, to create conditions for harmonious economic development in the wider world and to promote the stability of the international trade, financial and monetary systems, as well as the economic integration of countries in transition and developing countries...
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