20 March 2018

Germany wants open markets, free trade, no barriers

Home page World
12 Punto 14 Punto 16 Punto 18 Punto

Chancellor Angela Merkel reiterated on Sunday that Germany was strongly in favour of free trade and open markets after the recent G20 meeting ended as a failure of the world's financial leaders to agree on resisting protectionism, which poses a risk for growth of export-driven economies such as host Germany. reports that "We do want open markets, fair trade, we certainly don't want any barriers but at a time of an 'Internet of things' we want to link our societies with one another and let them deal fairly with one another, and that is what free trade is all about," Merkel said at the CeBIT technology fair in Hanover.

Speaking after Japanese Prime Minister Shinzo Abe told the same event that the European Union and Japan should soon reach an economic deal, Merkel said: "It's very, very good that Japan says we want a free trade agreement, we want it soon because that could be the right statement and Germany would love to be a propelling drive behind this."

On Sunday, after acquiescing to an increasingly protectionist United States after a two-day meeting in the German town of Baden-Baden, the finance ministers and central bank governors of the 20 biggest economies dropped a pledge to keep global trade free and open.

2017.03.20 / 09:00
See also

Germany backs Ireland in Brexit border row

China’s new leadership shows focus on US-China relations

UN slams Israel on collapsing healthcare system in Gaza

Russian ambassador summoned to CFM over Skripal case

Shooting confirmed at US high school

Mogherini says EU united in preserving Iran deal

Polish President to not congratulate Putin on election win

Erdogan slams 'ignorant' US statement on Afrin

20 dead as powerful storm hits Madagascar

'Only death' could stop Saudi Crown Prince from ruling

Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla