EU Enlargement: Economic Implications for the United States (CRS Report for Congress)
| Release Date |
Jan. 17, 2006 |
| Report Number |
RS21875 |
| Report Type |
Report |
| Authors |
William H. Cooper, Foreign Affairs, Defense, and Trade Division |
| Source Agency |
Congressional Research Service |
Summary:
The United States strongly supported the formation of the European Economic Community in
the
1950s and has supported its subsequent expansions and evolution into what is now the European
Union (EU). Likewise, the United States, under both the Clinton and Bush Administrations,
welcomed the latest, and largest expansion of the EU -- the addition of 10 new members effective
May 1, 2004, viewing it as helping to promote stability and prosperity throughout the continent. The
enlargement of the EU will change U.S. economic ties with the EU with the 10 new members. This
report examines the changes and their potential economic impact on the United States. Many
Members of Congress have been monitoring the potential effects of enlargement on the U.S.
economy, particularly agriculture, and they will likely continue to do so during the second session
of the 109th Congress. This report will be updated as events warrant.
