Germany to push for free trade deal

Dhaka,  Wed,  26 April 2017
Published : 15 Mar 2017, 15:16:57
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Germany to press G20 to sign off on free trade

Germany to push for free trade deal
Germany will press G20 members to sign off on a set of principles including free trade at this week's meeting of the group's financial leaders, sources said.

In an unusual move, Germany, the host of the meeting, will stress the importance of global free trade in a document separate from the group's main communique, G20 sources said.

The country hopes to have G20 members sign off on the document in Baden-Baden, though some government officials concede not all countries would back it this week.

"Let's see if we'll get everyone on board in Baden-Baden or only after at the summit of leaders (in July)," one official said.

German Chancellor Angela Merkel underscored the importance of free trade in a speech to business leaders in Munich this week. 

Her talks with Trump in Washington are expected to touch on a range of issues, including defense spending. 

Group of 20 finance leaders meet in Baden-Baden, Germany, on Friday and Saturday. It will be their first meeting attended by representatives of Trump's administration.

It’s unclear if Trump and his team, which has espoused fair trade more than free trade and has discussed a border tax on imports, would sign the document, according to Reuters.
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