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    Economic policies

    Foreign trade

    The German automotive industry needs open markets and a fairly regulated global market. At over 75 percent, the export ratio for passenger cars in 2020 remained at a respectable level.

    The German automotive industry needs open markets and a fairly regulated global market. At over 75 percent, the export ratio for passenger cars in 2020 remained at a respectable level.

    Trade and investment

    The German automotive industry and its employees depend on international trade. More than 75% of the passenger cars manufactured in Germany are sold abroad. To secure and strengthen Germany and Europe as a manufacturing location, the EU should strive for free trade and the dismantling of trade barriers worldwide.

    If globalization and free trade are structured fairly, all parties can expect to see a rise in prosperity. Unauthorized price dumping as well as protectionist measures should, therefore, be pursued and dismantled by such supranational organizations as the WTO. The WTO has an important function as a guardian of free trade by monitoring compliance with regulations and resolving trade disputes through arbitration procedures.

    Even if the Doha Round has not yet achieved the desired results, it has provided important impetus and will be developed further. After all, a multilateral dismantling of trade barriers remains the ideal solution. As long as this does not happen, the focus will continue to be on bilateral agreements. Numerous agreements have been signed in recent years, and others are under negotiation. They, too, must comply with WTO regulations and meet the minimum requirements for the scope of liberalization.

    Angela Mans
    Contact person

    Angela Mans

    Head of the Foreign Trade, Trade and Tariffs Division