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.
A united and strong Europe is more important now than ever. In the second year since the outbreak of the Corona pandemic, it is essential to emerge from the crisis resilient. But what exactly is in store for European policy in 2021?
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.
The face-to-face event quickly turned into a web meeting - but it was just as informative and full of discussion. The members of the Executive Board were particularly excited about the traditional economic report by VDMA chief economist Wiechers.
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.
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