Germany calls for new talks on transatlantic trade agreement: report
Previous negotiations over a free-trade pact with Europe were halted by Trump
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Germany is calling for renewed negotiations over a free trade agreement between the U.S. and European Union, Reuters reported Sunday.
"We should resume negotiations on a transatlantic free trade agreement," Christian Lindner, the finance minister of Europe's largest economy, told the Handelsblatt newspaper, Reuters reported.
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"Especially now in the [Ukraine] crisis, it is becoming clear how important free trade is with partners around the world who share our values," Lindner said.
German Chancellor Olaf Scholz speaks during a press conference at the Chancellery in Berlin, Germany, on Jan. 23, 2022. (AP Photo/Michael Sohn, pool / AP Newsroom)
The U.S. embassy in Berlin didn't respond directly to Lindner's comments but said an existing U.S.-EU Trade and Technology Council ensured that current policies support global growth, Reuters reported.
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"The current crisis shows the United States and Germany, and the European Union, are indispensable partners," the embassy said in a statement, Reuters reported.
Previous negotiations over a free-trade pact with Europe, called the Transatlantic Trade and Investment Partnership (TTIP), were halted by former U.S. President Donald Trump.