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Will Germany Promote the Creation of a Transatlantic Free-Trade Area?Posted by Editors in International Economics, Transatlantic Relations on Sunday, September 24. 2006
[UPDATE: The idea is not new. Already in 1997, Germany Foreign Minister Klaus Kinkel "proposed that a transatlantic free-trade zone, TAFTA, be created in the long term."]
"Spurred by concern about China's growing economic might, Germany is considering a plan for a free-trade zone between Europe and the US," writes the Financial Times (FT) in an article availabe at MSN Money: A senior aide to Angela Merkel said the chancellor was "interested" in promoting the idea as long as such a zone did not create "a fortress" but rather "a tool" to encourage free trade globally, "which she is persuaded is a condition of Germany's future prosperity". Separately, on Friday, the US, Canada and the European Union complained to the World Trade Organisation about China's tariffs on car parts, raising the prospect of Beijing facing its first WTO dispute.China's Prime Minister Wen Jiabao was on tour in Europe. Hopefully he was pressured on Darfur as well. Global Darfur Day was on Sunday and Jewels in the Jungle has a news round-up. Die Zeit's Kosmoblog criticizes a lack of attention for Darfur in Germany. The FT mentions only that Chancellor Merkel criticized China's poor human rights record and restrictions on foreign news agencies. [UPDATE: The Frankfurter Allgemeine Zeitung writes that Darfur was discussed and that Prime Minister said China supports UN troops in Darfur] The FT concludes: As German perceptions of China have grown more American, Washington's approach has shifted too. Speaking before his first trip to Beijing, Hank Paulson, US Treasury secretary, this week outlined a more balanced policy mixing traditional US criticism with praise for China's reforms.Prof. Drezner sees "many reasons to believe that TAFTA [Transatlantic Free-Trade Area] will never get off the ground", but finds the idea "very intriguing. Even if it takes ten years to negotiate, the combined weight of a TAFTA in terms of both market size and rule-setting behavior would be formidable." (HT: ROA) The FT advises caution: Ms Merkel's aide said it was "far too early" to tell whether the project of a transatlantic free-trade zone would be part of Germany's priorities when it assumes the six-month presidency of the European Union and chairs the G8 group of leading industrial nations from January.
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Jay McGinley
- #1 - 2006-09-19 05:11 - (Reply)
SEPT 17TH: AWESOME!
Zyme
- #2 - 2006-09-19 10:29 - (Reply)
Calm down, what do you expect?
Bill
- #3 - 2006-09-19 13:57 - (Reply)
Yeah Jay, you need to calm down man. Otherwise people will start blocking your comments on their blogs, which is contra-productive to what you are attempting to do online for the people of Darfur.
ROA
- #4 - 2006-09-19 14:44 - (Reply)
Bill is right Jay. You need to calm down because it is obvious that there really isn't any genocide going on in Sudan. How do I know this? Because Bush/Hitler claimed that their was, thats how! On August 18, 2005, president Bush/Hitler disagreed with the UN and claimed that the killings in Sudan constituted genocide. Now everyone knows that the UN is the worlds sole moral authority and that Bush/Hitler is evil incarnate. Therefore it follows that the Sudanese are probably living in the lap of luxury with many more civil liberties than exist in Fascist Amerika under Bush/Hitler. I am sure he was just spreading those lies as an excuse to invade another flourishing democracy. So please calm down and concern yourself with more serious issues such as how Carl Rove was able to trick Richard Armitage into revealing Valerie Plame's name to the press.
JW-Atlantic Review
- #5 - 2006-09-19 15:07 - (Reply)
@ Bill
Bill
- #5.1 - 2006-09-20 13:54 - (Reply)
Thanks Jörg for those updates and that link to the Gesellschaft für bedrohte Völker website. I am familiar with Kerstin Müller's (German Green Party) position on Darfur and her engagement with the Darfur Crisis under the Rot/Grün Coalition government of Chancellor Gerhard Schröder. As you have pointed out, high-ranking German politicians (and civic leaders) have up to now not been very forceful or convincing in their words or actions re: the Crisis in Darfur. Could it be that German business interests in the region outweigh their lukewarm support for human rights and good governance in Sudan?
Zyme
- #6 - 2006-09-19 16:15 - (Reply)
@ Bill
Tcobb
- #6.1 - 2006-09-20 04:09 - (Reply)
That's a really great argument against democracy. Just hand it over to the Wise, and don't ask any questions, or else bad things will happen to you, and its all of course for the common good. Because the Wise are wise indeed. If you doubt it just ask them. They'll tell you how much better they can run your life than you ever could.
Bill
- #6.2 - 2006-09-20 16:03 - (Reply)
Zyme, I think that it is very important that concerned citizens of the world work for a better understanding of the foreign policies of our respective allies and partners as well as our enemies, don't you? That's what the purpose of the Atlantic Review is all about, working for a better understanding between the people of Germany and the U.S.A. through the sharing of knowledge and dialogue.
Zyme
- #6.3 - 2006-09-20 19:04 - (Reply)
@ Bill
Jay McGinley
- #7 - 2006-09-19 16:17 - (Reply)
Zyme - #2 - 2006-09-19 10:29: Hm, there is a form of life that focusses upon itself. We know it as cancer. That is the form of life I have embraced for most of my days. I think I am in the process of curing this "cancer" within myself. I hope so. And the joy, peace and love that come with renewed "health" is vastly superior to the way life felt before.
Bill
- #7.1 - 2006-09-20 14:12 - (Reply)
Thanks Jay for the comeback. You are welcome over at my place (blog) anytime. Actually I and others should be in admiration of your efforts and conviction to the tragedy facing the people in Darfur. At least you go out on the streets and try to do something about it. I'd watch that getting arrested in front of the White House though, they (the U.S. Secret Service) have been known to get kinda violent with unruly protestors climbing over fences and stuff.
Zyme
- #8 - 2006-09-19 21:30 - (Reply)
@ Jay McGinley
David
- #8.1 - 2006-09-19 22:13 - (Reply)
"focussing only on food and biological reproduction."
Jay McGinley
- #9 - 2006-09-20 14:31 - (Reply)
Zyme - #8 - 2006-09-19 21:30 - (Reply)
Anonymous
- #10 - 2006-09-20 14:46 - (Reply)
Bill - #7.1 - 2006-09-20 14:12 Thanks Bill for your kind comments.
Zyme
- #11 - 2006-09-20 19:16 - (Reply)
@ Jay McGinley
mbast
- #12 - 2006-09-21 22:39 - (Reply)
A transatlantic free trade zone, eh? Must've heard that one before...somewhere ;-). And why would it be so catastrophic? I confess I'm not an economist, but it works in Europe and it works for NAFTA, why shouldn't it work between the US and Europe? Europe and the US are amongst the largest global players when it comes to economics. Join them together and you get a really powerful momentum towards a global economy. At least, that's my (admittedly uninformed) opinion. Was sagen denn die Volkswirte dazu ;-)? Add Comment
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A (new to me) German website, Atlantic Review, picks up on the idea of Germany being willing to push for a transatlantic free trade area. A woefully stupid idea. As we all know, unilateral free trade benefits the population of
Tracked: Sep 20, 12:52
Gabor Steingart makes "an argument for a trans-atlantic free-trade zone" in the English version of Der Spiegel: The role NATO played in an age of military threat could be played by a trans-Atlantic free-trade zone in today's age of economic conf
Tracked: Oct 22, 12:21