A significant internal document from the German Green Party has surfaced, expressing profound concerns regarding the recently finalized customs agreement between the European Union and the United States. The five-page paper, obtained by “Handelsblatt”, outlines a call for a comprehensive response to mitigate the anticipated economic repercussions of the deal.
The document, spearheaded by Green Party parliamentary group leader Katharina Dröge, her deputy Andreas Audretsch and spokespeople for economic and European policy, Sandra Detzer and Chantal Kopf respectively, characterizes the agreement as detrimental. It alleges that the EU’s acceptance of the terms represents a vulnerability, potentially exposing European businesses to billions in losses. The paper asserts that the EU has compromised its negotiating position.
According to the Green Party’s assessment, the impetus for accelerating the deal’s conclusion originated with German Chancellor Friedrich Merz (CDU), who allegedly pressured European Commission President Ursula von der Leyen to prioritize speed over thoroughness in negotiations.
To address the predicted economic fallout, the Green Party proposes the formation of a new trade alliance. This envisioned alliance would unite nations committed to international cooperation, robust regulations and equitable trade practices, serving as a counterweight to potential protectionist measures.
The Trans-Pacific Partnership (TPP), encompassing nations like Japan, Australia and Canada, is proposed as a potential framework. The Green Party advocates for the EU to initiate a new multilateral trade agreement, extending invitations to participating countries and promoting a collaborative, rules-based approach to international trade.
