The European Union was first established in 1951 in the representation of an open trade area between six countries, namely, France, Germany, Belgium, Italy, Luxembourg, and the Netherlands. Now, EU has created a number of treaties that all the member countries agreed upon that really helped foster a great relationship between them.
As someone who lives in a country in Europe, you can enjoy products from other member countries with additional tariffs. You can set your book cheap hotels in Amsterdam or be on an Amsterdam City trip without any hassle. Being a member of the European Union has made our lives easier and better.
Here are some of the treaties made by the European Union:
Treaty of Rome
This is also known as the Treaty on the Functioning of the European Union. It was created on March 25, 1957. It occurred in the Capitoline Hill in Rome, Italy. This led to the foundation of the European Economic Community. The countries that signed this treated was France, Italy, agreements. A customs union was created. This means that the member states of this community had a single established policy for all its good, labor, and services.
Treaty of Maastricht
This treaty was signed on February 7, 1992. This historic agreement between the European countries paved the way to the establishment of the official European Union. The single monetary currency, known as the euro, was also created.
The signing of the Treaty was held in Maastricht, Netherlands. It was the Dutch government that had the position of the presidency at the start of the council.
The treaty allowed the creation of a pillar from the existing three communities of the area. Not only did the Treaty for the establishment of the European Union opened more opportunities for trade and monetary provisions, but it also paved the way for foreign policies, military, judiciary, and justice, among others.
Treaty of Lisbon
This treaty updates or amends the two previous treaties, the Maastricht Treaty, and the Rome Treaty. Some of the amendments include changing the status of the European Central Bank to an EU institution, the Court of First Instance was changed to General Court, and the majority voting of the Council of Ministers from unanimity voting.