Singapore: EU and Singapore signed a free trade agreement and investment protection agreement at the ASEM summit on 18-19 October 2018. The European Parliament approved both agreements in February 2019. Germany is very pleased with these agreements, as Singapore is one of Germany`s main trading partners in the ASEAN region, despite its small size. The ratification of the free trade agreement was concluded on 8 November by Council decision and the agreement entered into force on 21 November 2019. The Investment Protection Agreement sets high and clear standards for investment protection, which preserve the state`s right to regulation, and establishes a reformed dispute resolution procedure, modelled on CETA. To learn more about these two agreements, visit the European Commission`s website. The EU is accompanied by representatives from 13 non-EU countries. The first round of negotiations took place in Geneva in July 2014. After 17 rounds of negotiations, the agreement is expected to be concluded by the end of 2016. For more information on the proposed agreement, please visit the European Commission`s website.

Minister Altmaier: « By modernizing our trade agreement with Mexico, we are sending a strong message for free and fair world trade » Thailand: Negotiations for a free trade agreement with Thailand began in May 2013. They have been suspended since the fourth round of negotiations in April 2014, with the army taking control of the country shortly thereafter. It will only be possible for the EU to reach an agreement with an elected Thai government as part of a democratic process. The Philippines and Indonesia began negotiations for a free trade agreement with the EU in 2016. Negotiations based on the text began in 2017. Take your business to the next level. With the help of our Trade Commissioner Service (TCS), discover opportunities to increase your footprint in Germany and learn more about trade relations between the two countries, market facts and other knowledge. However, free trade does not mean that trade takes place without rules.

On the contrary, it means that countries commit to certain rules in trade agreements, such as the principle of non-discrimination. They also often sign rules on public procurement, competition, trade-related investment and trade facilitation. Modern trade agreements also contain strong chapters on the sustainability of labour and environmental standards. Most trade agreements also have dispute resolution procedures. Finally, and not least, countries can also reintroduce barriers to trade, for example when a product or service poses a danger to human, animal or plant health or poses a threat to national security. Important note: it is important that the declaration is properly completed or can be rejected by customs. Please see the official text of the original statement, which is provided with explanatory notes and in all applicable languages. 18. Vietnam is Germany`s 18th largest trading partner outside the EU. Article: Promoting international trade and reducing barriers The development of multilateral trade relations is a priority for both Germany and the European Union.

The EU`s position on bilateral free trade agreements (FTAs) has developed since 2007 in light of bilateral free trade agreements concluded by some of Europe`s key trading partners (including the US and Japan) that could compromise the competitiveness of European companies in world markets. The new generation of free trade agreements that the EU intends to conclude with other countries is broad and covers a wide range of aspects. These agreements are not limited to the issue of tariffs (for example.B.