Recently, the Czech Republic and other Eastern European countries were admitted into the European Union. I hypothesise that the entry of the Czech Republic has significant positive effects for companies in the European Union given that tariffs between the Czech Republic and other EU countries in general and the United Kingdom in particular have been eliminated.
The aim of this paper is to prepare an article for a UK company that has operations in the Czech Republic describing the effects on the company of the Czech Republic’s admission into the Union. The rest of the paper is organised as follows: Section 2 describes the European Union how the admission of the Czech Republic into the Union has affected our chosen company, Section 3 presents a syllabus of the main points to be included in the article and Section 4 is a presentation of the article as it will be published in the companies periodicals.
The European Union was formally established in 1992 by the Maastricht Treaty (Palmowski, 2003). The Maastricht treaty brought together the 3 pillars including: the European Community (EC) whose decisions were governed by the European Commission, the European Council and the European Parliament and guarded by the European Court of Justice; the Common Foreign and Security Policy, which is determined on the basis of intergovernmental cooperation in the European Council alone; Justice and Home Affairs. (Palmowski, 2003).
The European Union was formed as a continuation of the process to promote an economic and political Union in Europe which began with the formation of the European Community after the Second World War. (Palmowski, 2003). In addition, in the 1980s, Europe became more concern about the internationalisation and globalisation of trade and politics in which small European States could only have an influential voice if they acted in coordination with each other. (Palmowski, 2003).