A tailwind for TTIP

After more than fifty years, the USA has replaced France as Germany’s most important trading partner. Following publication of the latest foreign trade statistics, BDI Executive Board Member Stefan Mair made the following statement concerning the Transatlantic Trade and Investment Partnership (TTIP).

“The figures from the German Federal Statistical Office prove that the United States is an increasingly important market and trading partner for German industry, with its many mid-sized firms. We will only be able to make full use of this new economic potential with the help of a comprehensive free trade agreement. We need to work towards strengthening transatlantic relations. In view of the current geopolitical crises, Germany as an export nation requires a sustained momentum for growth. Policymakers must therefore do everything they can to bring negotiations on the free trade agreement with the United States to a swift and successful conclusion.”