Two European groups agree to form largest trading bloc

October 23, 1991|By New York Times News Service

PARIS -- Europeans took a decisive step yesterday toward building a unified Europe, agreeing to create the world's largest trading bloc, embracing 380 million Western European consumers from the Arctic Circle to the shores of the Mediterranean.

The 12-nation European Community, now the world's largest trading bloc, and the seven-member European Free Trade Association concluded two years of negotiations in Luxembourg early yesterday.

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