Erasmus Programme Erasmus Programme The Erasmus Programme ("EuRopean Community Action Scheme for the Mobility of University Students") is a European Union (EU) student exchange programme established in 1987. Erasmus+, or Erasmus Plus, is the new programme combining all the EU's current schemes for education, training, youth and sport, which was started in January 2014. The Erasmus Programme, together with a number of other independent programmes, was incorporated into the Socrates programme established by the European Commission in 1994. The Socrates programme ended on 31 December 1999 and was replaced with the Socrates II programme on 24 January 2000, which in turn was
EU Gateway Programme to trade, notably in the automotive, pharmaceutical and electronic sectors.With the FTA, the bilateral trade in goods between the EU and the Republic of Korea has been constantly growing and reached the record level of more than 90 billion euros in 2015, with an increment of the EU export of 10.9% over 2014.The EU is also the largest investor in the country, ahead of the United States and Japan. The EU FDI stock in the Republic of Korea increased 35% from 2013 to 2014 (last data available) to reach 43.7 billion euros, accounting for over 20% of the FDI stock