EU to Remain Open for International Trade: Katainen

The video discusses the EU's trade strategies, highlighting its openness to international trade and ongoing negotiations with countries like Japan and China. It addresses challenges in trade relations, such as accusations against China for dumping and intellectual property theft. The EU's stance on defense spending and cybersecurity is also covered, emphasizing the need for cooperation among member states. The potential economic impacts of Brexit on the EU and UK relations, particularly in the banking sector, are explored.

What is the EU's stance on international trade?

• The EU is reducing its trade agreements to focus on agriculture.

• The EU is only interested in trade with the United States.

• The EU is the largest trading bloc and remains open to trade.

• The EU is closing its markets to focus on internal growth.

What is a major challenge the EU faces in its trade relationship with China?

• Lack of interest from Chinese companies.

• Capacity issues and unfair trade practices.

• The EU's inability to negotiate with China.

• China's refusal to trade with EU countries.

How does the EU plan to address cybersecurity threats?

• By encouraging member states to invest jointly in capabilities.

• By ignoring cybersecurity issues.

• By relying solely on NATO for defense.

• By outsourcing cybersecurity to private companies.

What concern do EU member states have regarding Russian activities?

• Russia's potential influence on European elections.

• Russia's economic growth surpassing the EU.

• Russia's military presence in Europe.

• Russia's refusal to trade with the EU.

What is a potential consequence of Brexit for banking jobs?

• All banking jobs will remain in London.

• Banking jobs may move from London to other European capitals.

• Banking jobs will move to the United States.

• There will be no impact on banking jobs.

How does the EU view its future relationship with the UK post-Brexit?

• The EU sees the UK as an important ally and aims for a pragmatic relationship.

• The EU will only engage with the UK on security matters.

• The EU will focus solely on trade with the UK.

• The EU plans to cut all ties with the UK.

What advantage do EU member states have over non-members?

• Members have more opportunities and better deals.

• Members have fewer economic restrictions.

• Non-members have more political influence.

• Non-members have better trade deals.