An economic and political alliance of European countries established to foster cooperation, trade, and shared governance. This intergovernmental organization aims to create a unified economic market and promote peace and security among its member states. For instance, the removal of trade barriers between France and Germany exemplifies the core principles of this collaborative framework.
The significance of this supranational entity lies in its ability to influence global trade patterns, environmental regulations, and geopolitical strategies. Benefits range from simplified travel and commerce for citizens to a stronger collective voice on the international stage. Historically, it evolved from post-World War II efforts to integrate European economies and prevent future conflicts, demonstrating a commitment to sustained peace and economic prosperity across the continent.