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The European Union (EU) is a political and economic union of 27 member states that are party to the EU's founding treaties, and thereby subject to the privileges and obligations of membership. They have agreed by the treaties to share their own sovereignty through the institutions of the European Union in certain aspects of government.
Article 50 of the Treaty on European Union (TEU) provides for the possibility of an EU member state leaving the European Union "in accordance with its own constitutional requirements". [ 1 ] Currently, the United Kingdom is the only state to have withdrawn from membership of the European Union.
In 2004, India and European Union became "Strategic Partners". A Joint Action Plan was agreed upon in 2005 and updated in 2008. India-EU Joint Statements was published in 2009 and 2012 following the India-European Union Summits. [7] EU-India relationship [8] has been qualified as high on rhetoric [9] and low on substance. [10] [11] [12]
The following timeline outlines the legal inception of the European Union (EU)—the principal framework for this unification. The EU inherited many of its present responsibilities from the European Communities (EC), which were founded in the 1950s in the spirit of the Schuman Declaration.
South Africa officially became a member nation on 24 December 2010, after being formally invited by China to join [26] and was subsequently accepted by other BRIC countries. [25] The group was renamed BRICS –with the "S" standing for South Africa– to reflect the group's expanded membership. [ 27 ]
The European Union (EU) has expanded a number of times throughout its history by way of the accession of new member states to the Union. To join the EU, a state needs to fulfil economic and political conditions called the Copenhagen criteria (named after the Copenhagen summit in June 1993), which require a stable democratic government that ...
On the other hand, membership of the Communities, now the European Union (EU), had reached 28. With the approval of Brexit , which saw the United Kingdom leave the EU on 31 January 2020 after a June 2016 referendum and political negotiations, the EU currently has 27 members.
Some member states of the EU required Bulgarians and Romanians to acquire a permit to work, whilst members of all other old member states did not require one. In the Treaty of Accession 2005, there was a clause about a transition period so each old EU member state could impose such 2+3+2 transitional periods. Restrictions were planned to remain ...