The european union produces about 15% of the world's goods and services. The EU hosts only 6.9% of the world's population, but its trade with the rest of the world represents approximately 20% of world imports and exports. Approximately 62% of total trade is between the EU countries, it is one of the three main world trade powers. The other two are the United States and China.
All these countries have a common is that these all are located on Mediterranean sea.
Mediterranean Sea is a sea of Atlantic ocean <span>on the west to Asia on the east and separates Europe from Africa, it is almost completely enclosed by the land and during ancient time, it was an important route and it was allowed for trade, for traders and travelers.</span>
<span>Most delegates had already concluded that there were weaknesses in the Artlicles</span>