Europe

European states have been among the most active in pushing trade and investment agreements with countries around the world. The main players in deal-making are the 27-country bloc of the European Union (EU), the European Free Trade Association (EFTA, comprising Iceland, Liechtenstein, Norway and Switzerland), the Russia-led Eurasian Economic Union (EAEU, also comprising Armenia, Belarus, Kazakhstan and Kyrgyzstan) and the United Kingdom (UK). Many of these agreements have sparked large-scale resistance movements and fostered international coordination among civil society groups worldwide because of the harmful neoliberal policies they impose on people and the environment, which mostly benefit transnational corporations and elites.

The EU has 44 free trade agreements (FTAs) in force with 76 partners. In January 2026, it signed agreements with Mercosur (Argentina, Brazil, Paraguay, Uruguay and soon Bolivia), a move that has attracted much controversy due to its potential impact on farmers, the environment and climate. It also signed an agreement with India. These initiatives are widely seen as a response to the geopolitical turmoil accelerated by Trump. Negotiations on several other agreements are ongoing, including those with Australia, Indonesia, Malaysia, Mexico, the Philippines, Thailand and the United Arab Emirates.

More recently, the EU has initiated new types of narrower deals that complement broader FTAs and are subject to less public scrutiny. It has signed digital trade agreements with South Korea and Singapore. It has also entered into several sustainable investment facilitation agreements, clean trade and investment partnerships, and raw materials partnerships.

In the mid-2010s, there was an unprecedented movement of mass opposition to free trade agreements with the United States (the Transatlantic Trade and Investment Partnership, TTIP) and Canada (the Comprehensive Economic and Trade Agreement, CETA). Anti-TTIP platforms were established in each EU member state, and a self-organised European Citizens' Initiative against TTIP and CETA gathered over 3.3 million signatures in its first year. Critics were concerned about the potential impact on agriculture and food standards, as well as the inclusion of the investor-state dispute settlement (ISDS) mechanism, which allows foreign investors to sue the host country for any resulting loss of future profits in their own privileged court system. In 2017, the talks with the US were indefinitely put on hold, but CETA entered into force provisionally after its ISDS mechanism was rebranded as the "investment court system," which many activists claimed was largely window-dressing.

EFTA has currently signed 33 free trade agreements with 44 countries and territories outside the EU. These agreements have entered into force with 40 of these countries. The most recent FTAs that the bloc has signed are with India (in force since October 2025), Kosovo, Malaysia, Mercosur, Singapore (digital trade deal) and Thailand. EFTA is also negotiating an agreement with Vietnam.

These deals have been criticised by Swiss groups and a UN Special Rapporteur for pushing provisions that go beyond the requirements of World Trade Organization rules contained in the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) – known as TRIPS+ – including UPOV91, which sets out rules that prevent farmers from saving seeds. These provisions are hampering farmers’ rights, as well as the rights to food and health. The EFTA-Mercosur agreement has also been slammed for prioritising increased dairy product exports over climate action.

The UK currently has 40 trade agreements in force with 72 partners, including the EU. These include continuity agreements that were rolled over from the time of EU membership and new negotiated deals.

The UK has post-Brexit agreements in force with Australia, New Zealand, as well as Singapore and Ukraine for digital trade only. In 2024, the UK joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. It has signed a trade deal with India and is currently negotiating with the Gulf Cooperation Council (GCC), South Korea (an upgraded FTA), Switzerland, Thailand, Türkiye and the US.

Civil society groups have criticised the GCC deal for ignoring human rights and climate issues, and the India deal for endangering the South Asian country's ability to protect health, data and livelihoods. British groups have also condemned UK trade and investment deals for including the ISDS mechanism.

The EAEU has also been very active in negotiating trade deals. The union was historically set up to challenge the economic influence of the US and the EU, and to counter the two superpowers’ attempts to isolate Russia. Although its FTAs tend to be narrower in scope than those of its counterparts, the EAEU is known to push for provisions requiring countries to join UPOV.

The EAEU currently has trade agreements in force with China, Iran, Serbia and Vietnam. It has signed FTAs with Indonesia, Mongolia, Singapore and the United Arab Emirates. The union has been discussing trade deals with Cambodia, Chile, Egypt, India, Israel, Korea and Peru. Potential negotiations with ASEAN, Bangladesh, the Gulf Cooperation Council, Mauritius, Mercosur, Mexico, Morocco, New Zealand, Pakistan, Thailand and Tunisia could also emerge further down the line.

In 2012, the EAEU established a free trade area with Moldova, Tajikistan, Ukraine and Uzbekistan, as part of the Commonwealth of Independent States Free Trade Area. On 1 January 2016, Russia suspended the agreement with Ukraine, following the provisional application of the European Union-Ukraine trade deal.

Last update: May 2026

Photo credit: ARC2020


Britain eyes trade agreements with California, Utah
Britain inked an agreement aimed at boosting trade and investment with South Carolina, its third such deal with a US state, and is seeking similar deals with California and Utah.
Iran, EAEU finalize talks on free trade of over 7,500 commodities: Iranian official
Iran announced the finalization of negotiations between the Islamic republic and the Eurasian Economic Union on bilateral free trade of over more than 7,500 commodity items.
Georgia, UAE hold second round of comprehensive economic cooperation talks
Georgia and the United Arab Emirates have held the second round of negotiations on a comprehensive economic cooperation agreement between the countries as part of a visit of Georgian officials, in Dubai.
EU to introduce targets for raw materials self-sufficiency
Existing EU free-trade deals with Canada, Japan and Vietnam contain provisions about raw materials. And there are ongoing talks about including a raw materials chapter in trade agreements with Chile and Australia.
EU-India free trade deal will undermine India’s development
Ongoing FTA negotiations will adversely impact farmers, fishers, patients, traders and impinge on a progressive digital industrialisation strategy.
DTI: GSP+ renewal on Brussels agenda
The Philippines remains committed to reapplying for Generalized Scheme of Preferences Plus (GSP+) privileges from the European Union once these expire next year, the Trade department said.
Australia targets EU trade deal in first half of 2023 - minister
Australia is pushing to seal a free trade agreement with EU authorities in the first half of 2023, its trade minister said.
Argentina urges EU to renegotiate South American trade pact - FT
Argentina President Alberto Fernandez has asked the European Union to renegotiate a landmark trade deal with South America, saying the agreement is unbalanced and a threat to the car industry in Brazil and Argentina.
Iran, EAEU to ink FTA in mid-December
The FTA is expected to include a zero tariff for 90 percent of commodities exchanged between Iran and the five-member bloc.
Bitter friends: Inside the summit aiming to heal EU-US trade rift
The European Union is up in arms over Biden’s plans for hefty subsidies for made-in-America electric cars, claiming these payments, which partly kick in from January 1, are nothing more than outright trade protectionism.