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Germany Calls for New Talks on Transatlantic Trade Deal

Germany Calls for New Talks on Transatlantic Trade Deal
Christian Lindner (FDP), Federal Minister of Finance, speaks during a press conference on the government's draft 2023 budget and the financial plan for 2022 to 2026. Photo by: Michael Kappeler/picture-alliance/dpa/AP Images

Sunday, 20 March 2022 07:19 AM EDT

Germany's finance minister has called for fresh talks over a free trade agreement between the European Union and the United States, a newspaper reported on Sunday, aiming to revive discussions halted by former U.S. President Donald Trump.

Trump ended negotiations over the so-called Transatlantic Trade and Investment Partnership (TTIP) and instead pressed a number of trade disputes with the EU.

"We should resume negotiations on a transatlantic free trade agreement. Especially now in the (Ukraine) crisis, it is becoming clear how important free trade is with partners around the world who share our values," Christian Lindner, the finance minister of Europe's largest economy, told Handelsblatt.

It is unclear to what extent there is support for such talks in Europe. In recent years, some officials have spoken in favor of a resumption, while others have been more cautious.

Germany's finance ministry didn't immediately respond to requests for comment.

In a statement, the U.S. embassy in Berlin didn't respond directly to Lindner's proposal but said an existing U.S.-EU Trade and Technology Council ensured that trade and technology policies support broad-based growth.

"The current crisis shows the United States and Germany, and the European Union, are indispensable partners," it added.

© 2024 Thomson/Reuters. All rights reserved.


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Germany's finance minister has called for fresh talks over a free trade agreement between the European Union and the United States, a newspaper reported on Sunday, aiming to revive discussions halted by former U.S. President Donald Trump. Trump ended negotiations over the...
germany, trade, deal, us, trump, biden
197
2022-19-20
Sunday, 20 March 2022 07:19 AM
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