Today, Britain is enthusiastically building what will become the world's largest trading bloc.

With a population of 340 million people, it will become the most powerful trading bloc in the world.

In Europe, major new trading blocs stimulated high levels of employment and trade.

The creation of new trading blocs as the old ones are dismantled.

You can see the world moving into a situation of bigger trading blocs.

The European Community, the 12-nation trading bloc, runs the program.

What is worse, other trading blocs do not seem to want to put an end to their trade-distorting support.

We have reached this decision bearing in mind the current state of relations between the trading blocs.

Until late 1989, the community's immediate goal was to create a regional trading bloc, which will go into effect on Jan. 1, 1993.

Even then, it might not gain Turkey full membership in the union, the world's largest trading bloc.