Greece is a member of the European Union trading bloc and follows the trade policies established by the EU and they participate in various international trade agreements through its membership in the EU. The EU negotiates trade agreements on behalf of its member states, which Greece benefits from. This includes agreements with countries and regions around the world. Greece generally applies the common external tariff set by the EU for goods imported from outside the EU, the simple average tariff across all products is 2.03 and the maximum percentage on any product is 181.14 (TARIFF AND TRADE BARRIERS, 2023). Like other members of the EU, Greece receives subsidies from the EU budget to support various sectors. Recently the EU has been subsidizing electricity and gas bills, to support households and farmers, these subsidies aim to promote economic development (Reuters, 2023). There are certain agricultural quotas and restrictions on specific goods for states in the EU. These measures are in place to manage supply and demand, as well as to support local production