A Free Trade Agreement with Indonesia, which is the largest ASEAN economy, would reduce tariffs, remove technical barriers to trade and cut red tape. This would be useful for the machinery and plant engineering sector.
Under Joe Biden, there is finally an opportunity to achieve a more positive trade relationship between the EU and the US. Now is an opportune moment to enter into talks with the Americans on concluding transatlantic trade agreements, for example on the mutual recognition of conformity assessments.
The EU-Commission wants to take tougher action with a Regulation against subsidies that distort competition on the Internal Market. Ulrich Ackermann, Managing Director of VDMA's Foreign Trade Department, says:
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.
VDMA-Präsident Carl Martin Welcker spricht über die Aussichten des Maschinenbaus für 2019, über drohende Gefahren für das Wachstum, über Kapazitäts- und Lieferengpässe sowie über die Forderungen der Maschinenbauer an die Große Koalition in Berlin.
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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