Trade policy is one of the fundamental policies of the European Union, which governs bilateral relations of the Union with other countries and multilateral organizations. The basic intention of the trade policy is defined by the Treaty on European Union, and includes the development of global trade, the elimination of time restrictions to international trade and minimizes customs restrictions. The primary instruments of implementation of the trade policy of the European Union include: a common external customs, trade defense instruments or anti-dumping, anti-subsidy policy / protective measures and regulation of trade barriers. In the area of trade policy, the European Union is developing instruments of access to the markets of other countries, primarily by establishing trade barriers and ways of their removal as well as the development of "special relationships" or preferential contracts and the use of permissible exceptions to rules of most favored country in the area of the World Trade Organization (WTO). The European Union has developed trade relations with various groups of countries such as the countries of the European Economic Area, Mediterranean countries, African, countries of South Eastern Europe and others. Also, a segment of the commercial policy of the European Union's participation in negotiations under the World Trade Organization by which attempts strengthen its economic influence around the world. On the basis of trade policy the adoption of new measures is proposed by the European Commission, and approved by the Council of the European Union by a qualified majority or on the basis of unanimity.