As an export industry, mechanical and plant engineering relies on free world trade and partnership-based forms of conflict resolution. The election of Joe Biden as US President provides an opportunity to revive the multilateral approach to trade policy. The new Asian free trade area RCEP underlines the need to see trade policy also as a strategic issue. In addition, Biden's announcements offer approaches for making progress in climate protection, also to the benefit of German industry.
Ulrich Ackermann, Head of VDMA Foreign Trade, explains why the mechanical engineering industry's view of China as an important trading partner is currently critical and which measures the EU must therefore now initiate.
This month we are updating our privacy statement to better understand what information we collect and why. We have also taken steps to improve our features to protect your information and privacy.
There is no change to your current settings or how your data is processed. We have merely improved the explanation of our procedures and explain to you in more detail what options you have to update, manage and delete your data.
We take the protection of your personal data and their confidential treatment very seriously.
General information about the scope of processing of your personal data and about your data protection rights can be found at www.vdma.org/datenschutz.
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