The United States and Europe : possible options for U.S. policy / Kristin Archick.

Format:

Book

Author/Creator:

Archick, Kristin, author.

Series:

CRS report for Congress ; RL32577.

CRS report for Congress ; RL32577

Language:

English

Subjects (All):

Europe--Foreign relations--United States.

Europe.

Physical Description:

1 online resource (24 pages).

Place of Publication:

Washington, District of Columbia : Library of Congress, Congressional Research Service, 2006.

Summary:

The United States and Europe share a long and intertwined history, replete with many ups and downs The modern transatlantic relationship was forged in the aftermath of World War II to deter the Soviet threat and to promote security and stability in Europe NATO and the European Union (EU), the latest stage in a process of European integration begun in the 1950s, are the two key pillars upon which the U.S.-European partnership still rests The U.S. Congress and successive U S administrations have supported both organizations as means to nourish democracy, foster reliable military allies, and create strong trading partners Despite the changed European security environment since the end of the Cold War and current transatlantic frictions, many observers stress that the security and prosperity of the United States and Europe remain inextricably linked. Both sides of the Atlantic continue to face a common set of challenges from countering terrorism and weapons proliferation to ensuring the stability of the global financial markets and have few other comparable partners. The United States and the EU also share the largest trade and investment relationship in the world; annual two-way flows of goods, services, and foreign direct investment exceed 1.1 trillion dollar, while the total stock of two-way direct investment is over 1.6 trillion dollar.

Notes:

Description based on publisher supplied metadata and other sources.