Thailand: Negotiations on a free trade agreement with Thailand began in May 2013. They have been suspended since the fourth round of negotiations in April 2014, when the military took control of the country shortly after. It will only be possible for the EU to conclude an agreement with a Thai government elected through a democratic process. The Philippines and Indonesia started negotiations on a free trade agreement with the EU in 2016. Textual negotiations began in 2017. The EU is one of the MOST important trading partners of the United States. Similarly, the United States is Germany`s largest export market outside europe and also the market in which German companies invest the most. Negotiations on the Transatlantic Trade and Investment Partnership (TTIP) between the EU and the US have been suspended since Donald Trump took office in early 2017 and will not continue. On 25th September the European Commission adopted a decision on 25th September. In July 2018, a trade agenda was agreed with the U.S. government to address issues of mutual interest. The agreed cooperation covers several areas. This includes mutual liberalization of trade in industrial goods – with the exception of vehicles.
In addition, both sides are considering measures to facilitate trade in a number of specific sectors (services, chemicals, pharmaceuticals, health products, soybeans). In addition, the European Commission and the US Government have agreed on closer cooperation on standardisation and strategic cooperation in the energy sector. This includes the goal of increasing imports of liquefied natural gas from the United States. The two sides also agreed on a dialogue on WTO reform and a common approach to addressing the global challenges of UTPs. The US government and the European Commission will refrain from taking measures contrary to the spirit of their agreement while work on the common agenda continues. More information on the state of play of the negotiations can be downloaded from the European Commission`s website. Following the talks, the Council of the European Union gave two negotiating mandates to the European Commission on 15 April 2019. This is a negotiating mandate with the United States on an agreement to abolish tariffs on industrial products and on an agreement on conformity assessment. Under both mandates, negotiations will be suspended if the US imposes new special tariffs on EU imports.
In addition, the mandate of an industrial tariffs agreement states that existing U.S. special duties on steel and aluminum imports must be lifted before an agreement is reached. In the political field, Germany is at the centre of European affairs and plays an important leadership role as a member of the G-7, the G-20, the North Atlantic Treaty Organisation (NATO) and the Organisation for Security and Co-operation in Europe (OSCE). The United States recognizes that the security and prosperity of the United States and Germany depend to a large extent on each other. As NATO allies, the United States and Germany work side by side to preserve peace and freedom. Germany plays an important role in NATO`s core task of collective defence by serving as a framework for NATO`s enhanced Forward Presence, regularly contributing to NATO`s Baltic Air Force and taking the lead of NATO`s Very High Readiness Joint Task Force (VJTF) for the second time in 2019. U.S. and German troops cooperate effectively in NATO and UN operations around the world, in part through joint training and capacity building at U.S. military facilities in Germany.
The two countries have extended diplomatic cooperation to military cooperation by continuing peace efforts in the Balkans and Africa and working together to promote the development of open and democratic states throughout Central and Eastern Europe. Germany was an integral part of the UN-mandated International Security Assistance Force (ISAF) in Afghanistan and is a framework country for the NATO-led Resolute Support Mission. After the terrorist attacks of September 11, 2001 in the United States, Germany was a reliable ally of the United States in efforts against terrorism and in the fight against foreign fighters. Since 2015, Germany has been an active contributor to the Global Coalition to Fight ISIS. In some circumstances, trade negotiations with a trading partner have been concluded but have not yet been signed or ratified. This means that although negotiations have been concluded, no part of the agreement is yet in place. The TiSA (= Agreement on Trade in Services) is being developed as a plurilateral agreement on trade in services. The main objective is to improve market access for foreign services and to give new impetus to the negotiations on a multilateral trading system, which are largely stalled.
The EU and the German government believe that the new rules to facilitate trade in services should be adopted at a later stage at WTO level. The EU is currently negotiating TiSA with 23 WTO member states, which account for around 70% of global trade in services. In 2019, the volume of trade between the EU and Australia amounted to more than €53 billion, with a trade surplus of almost €18 billion in favour of the EU. EU exports to Australia consist mainly of finished products, while Australia exports in particular mineral raw materials and agricultural products to Europe. EU companies provide around €20 billion in commercial services to Australia and invest around €160 billion in the country. This makes the EU Australia`s third largest trading partner. The European Commission is committed to concluding a new generation of free trade agreements mainly with the world`s largest growing regions. The idea is to boost growth and jobs in Europe by improving the global competitiveness of European companies. The EU is supported by representatives of 13 third countries. The first round of negotiations took place in Geneva in July 2014.
After 17 rounds of negotiations, the agreement must now be concluded by the end of 2016. Further information on the envisaged agreement is available on the European Commission`s website. Altmaier: “With the modernisation of our trade agreement with Mexico, we are sending a strong signal for free and fair global trade” The EU has concluded trade agreements with these countries/regions, but both sides are currently negotiating an update. The eu`s first free trade agreements with Latin American countries were the 2000 Global Agreement with Mexico and the 2005 Association Agreement with Chile. The Association Agreement and the Comprehensive Agreement, which go far beyond a simple free trade agreement, also provide a broad contractual basis for political dialogue, economic relations and economic cooperation. On 21 April 2018, the EU and Mexico reached an agreement in principle on the main elements of a trade component of a modernised global agreement between the EU and Mexico. Among the details is the future duty-free regime for 99% of all goods traded between the EU and Mexico. Transitional periods and quotas are initially provided for certain agricultural products. A total of 340 foods from the EU are protected by geographical designations of origin.
Investor-state disputes must be resolved by a publicly legitimized investment court. The new agreement is intended to cover not only market access, but also issues such as sustainability, regulatory cooperation and the fight against corruption. Once the final technical details have been clarified, the modernised agreement must be signed, approved by the Council and the European Parliament and ratified by the Member States. Since November 2017, the EU has also been negotiating with Chile to modernise the existing Association Agreement. The aim is to include provisions on the fight against corruption, support for SMEs and sustainable development (social and environmental standards). The trade part of the EU Association Agreement with Central America entered into force provisionally at the end of 2013. The EU-Central America Association Agreement is the first time that the EU has concluded such an agreement with an entire region. Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama are all parties to the agreement. The EU`s plurilateral agreement with Colombia and Peru entered into force provisionally in 2013.
Ecuador acceded to the agreement in January 2017. On 28 June 2019, after almost 20 years, the European Commission successfully concluded negotiations with the Mercosur countries, Argentina, Brazil, Paraguay and Uruguay, on the free trade part of the Association Agreement. With some interruptions, negotiations have been ongoing since 1999.Germany is one of the closest and strongest allies of the United States in Europe. U.S. relations with Germany are based on our close and vital relationship as friends, trading partners, and allies who share common institutions. Our political, economic and security relations, which are essential for shared prosperity and lasting stability, are based on comprehensive people-to-people relations and close coordination at the highest level. State Secretary Bareiß meets Nicaraguan Trade Minister Solózano > quick help to download > full help on online documents The framework for the EU`s relations with Ukraine is the Partnership and Cooperation Agreement (PCA), which entered into force in 1998. In 2014, the EU and Ukraine signed the Association Agreement, which has been prepared since 2008, which aims to replace the existing Partnership and Cooperation Agreement and create a Deep and Comprehensive Free Trade Area.
The political part of the agreement has been provisionally applied since 1 November 2014, as it falls within the exclusive competence of the EU. The part of the agreement that provides for a free trade agreement has been provisionally applied since 1 January 2016 – even though the EU has the sole power of application. .