What is at stake?
The conclusion of the TTIP negotiations has a high priority for German business. TTIP will provide a stimulus for growth and jobs across the entire EU. With ambitious rules for trade, investments and sustainability, TTIP can be an agenda setter for the next phase of globalisation.
Priorities of German Business
Negotiate with ambition
A strong TTIP covers the dismantling of customs duties, access to U.S. procurement markets, intensive regulatory cooperation and a modern investment protection regime. In particular, industrial SME will have considerably better access to the U.S. market through such an agreement.
Provide fact-based information, increase trust
Public trust in TTIP has unfortunately been shaken through one-sided and sometimes false statements. German business wants to provide fact-based information about TTIP, to continue the dialogue with citizens and in this way increase trust in free trade and globalisation.
Help shape globalisation
The development of trade rules in TTIP will also strengthen the world trade system. This includes an ambitious sustainability chapter as well as clear rules for competition and the protection of intellectual property. In addition, TTIP should be designed in such a way that third countries can also benefit from the trade-creating effects of the agreement.