Evaluation of the Existing Foreign Relations of the European Union from an Economic and Security Policy Point of View

Abstract

In the course of the analysis of current global trends in several scientific fields, it is of paramount importance to determine the direction of existing foreign relations,
especially in light of the currently observable geopolitical and security policy concerns. The role of the European Union in the world economy and geopolitics is decisive. Its
policies and applied measures have a significant influence on foreign relations. As already have been observed in events of previous years , in the priority areas of the current security environment – highlighting also the negative effects arising from the current Russian-Ukrainian conflict –, the Union has introduced several economic and defensive measures and sanctions that contribute to the public condemnation of countries representing opposing interests (currently most notably the Russian aggression). At the same time, the already existing complex economic processes contribute to the rise of economic dependence, as a result of which politically opposing interests often can be considered economically rational decisions. In addition, from a security policy perspective, the different degrees of exposure of the Member States to foreign relations also arise a growing concern.