To success on international markets, individual economies are trying to take measures to increase their efficiency, flexibility and competitiveness. There is a liberalization of tariff and non-tariff barriers mainly due to trade based on regional integration. Among such agreements belong also the Transatlantic Trade and Investment Partnership (TTIP) between the EU and the USA, which represent the largest economies in the world. The paper analyses developed scientific studies that assess the economic impact, advantages and disadvantages of closer economic cooperation. However, it reflects not only the economic but also foreign policy importance of this partnership. In the case of signing the TTIP, it would become the most important bilateral trade agreement ever, both in terms of international trade as well as in terms of the impact on international trade as a whole.
Apart from relations with its neighbours, Croatia’s relations with the United Kingdom (UK) were undoubtedly its greatest international challenge since it won its independence in the early 1990s. Relations between the two countries during this period were frequently strained partly due to Zagreb’s democratic shortcomings, but partly also due to competing visions of post-Cold War Southeast Europe and due to long-lasting biases rooted in Croatia’s and Britain’s conflicting policies during Yugoslavia’s breakup and wars. Croatia’s accession to the EU in 2013 offered an opportunity for the two countries to leave the burdens of their past behind, since Zagreb and London had similar preferences on a number of crucial EU policy fronts. However, Brexit changed everything. Croatia’s future relations with the UK are likely to be determined by the nature of Brexit negotiations and the evolution of British policy toward the pace and direction of EU integration.
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