US-EU economic relations and the challenge of China - Turkish Daily News Apr 10, 2006

US-EU economic relations and the challenge of China - Turkish Daily News Apr 10, 2006

"US-EU economic relations and the challenge of China
Monday, April 10, 2006
Opinion by Doğu ERGİL
A brief look at statistics will easily reveal that transatlantic commercial ties have never been stronger. In fact, this close relationship is one of the leading forces of globalization. The transatlantic economy accounts for 42 percent of the world economy, 24 percent of world exports, 31 percent of world imports and 62 percent of the stock of foreign direct investment."