Press Releases

TTIP would bring Germany especially great benefits

Berlin, 25 April 2016

Matthias Wissmann, President of the German Association of the Automotive Industry (VDA): “The Americans have a great deal in common with us Europeans when it comes to culture, politics and business. So it is only natural and logical that we should set up a free trade area with our close friends. The Germans should always bear in mind that above all Germany would derive especially great benefits from a free trade agreement with the US. Our automotive industry alone would immediately save over one billion euros in import duties. This money could be invested in research, development and new jobs. We therefore have high hopes that President Obama will pave the way for such an agreement before the end of his term in office.”

Eckehart Rotter
Eckehart Rotter Head of Department Press

Tel: +49 30 897842-120 Fax: +49 30 897842-603
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