Erasmus Programme of 3 million by 2012. The Lifelong Learning Programme 2007–2013 replaced the Socrates programme as the overall umbrella under which the Erasmus (and other) programmes operate from 2007. The Erasmus Mundus programme is another, parallel programme that is oriented towards globalising European education. Whereas the Erasmus Programme is open to Europeans, Erasmus Mundus is open to non-Europeans with Europeans being exceptional cases. On 9 May 2012, Fraternité 2020 was registered as Europe's first European Citizens' Initiative. Its goal was to increase the budget for EU exchange programmes like Erasmus or the European Voluntary Service from 2014. To be successful it
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