Committee News

Media Library Committees Chapters Trade

AmCham Germany welcomes the EU decision to start negotiations on a EU-US free trade agreement


"Now it's important that negotiations start in a timely manner and that European and US companies sit at the negotiating table."

Berlin, April 15, 2019 - AmCham Germany welcomes the decision of the EU member states to start negotiations on a free trade agreement again with the US. The talks between the EU and the US should start promptly and take into account companies on both sides.

Zur Pressemitteilung auf Deutsch

"The US and the EU would benefit from a fair trade agreement. The agreement would strengthen relations since companies have been confronted with economic uncertainty in recent months," says Frank Sportolari, President of AmCham Germany. "Now it's important that negotiations start in a timely manner and that European and US companies sit at the negotiating table."

Progress was already made during the TTIP negotiations, which started in the summer of 2013. By 2016, concrete proposals were made in 30 chapters, including trade in goods, services, public procurement and other trade issues. Discussions with various economic sectors also took place in recent years. Negotiators can now build on this. Especially in the age of globalization and digitalization, a free trade agreement between the EU and the US would remove barriers to trade and foster investment and employment on both sides.

Moreover, previous tensions can be resolved and further escalation prevented. In dialogue with each other, the EU and the US should cooperate in a free and rules-based framework in order to end unfair trading practices. Both sides should strengthen their existing close economic ties and set trading standards that serve as a positive example for future agreements with other countries.

Presse Contacts
AmCham Germany
Katharina-Luise Kittler 
T +49 30 2130056-34  
M: +49 151 14657921 
E kkittler@amcham.de

Back