One of the most all-encompassing phenomena in the today's world is globalisation. This is a fact that must be faced and the challenges it poses must be addressed. One unquestionably positive facet of this phenomenon is that it has further enhanced and deepened the contacts between different regions of the world and, in particular, between Europe and America. It has also improved the possibilities of communication between individual civilisations, and thus strengthened the basis for mutual understanding and, consequently, for resolving potential disputes or misunderstandings. On the other hand, globalisation has brought to light the problems that the mankind will have to address.
Global problems require global solutions.
And, to search for these global solutions, there must be a strong America and a strong Europe. Nowhere has the globalisation been more evident than in the economic area. The emerging global market offers unprecedented opportunities. And this is where economic relations between the EU and the United States play a key role, being the most important economic relations in the world economy. The end of the Cold War brought new qualitative and quantitative dimensions to this relationship.