The People`s Republic of China has concluded bilateral trade agreements with the following blocs, countries and their two special administrative regions:[13] List of agreements under negotiation. Agreements that have so far only been discussed without formal action by the parties concerned are not listed. The Eurasian Economic Union composed of Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan has the following free trade agreements, see below here. An interactive list of bilateral and multilateral free trade instruments is available on the TREND-Analytics website. [59] A list of trade agreements between the European Union and other countries around the world and brief explanations of these agreements can be found in eu trade agreements. In 2019, bilateral trade between Germany and Vietnam amounted to around €14 billion. The stock of German direct investment in Vietnam amounted to around €840 million in 2017. More than 300 German companies are currently present in the Vietnamese market. Article: Promoting international trade and removing barriers For fully multilateral agreements (not included below), see: List of multilateral free trade agreements.

In some circumstances, trade negotiations with a trading partner have been concluded but have not yet been signed or ratified. This means that although the negotiations have been concluded, no part of the agreement is yet in force. Turkey has concluded bilateral and multilateral agreements with: Vietnam: On June 30, 2019, the EU and Vietnam signed a free trade agreement and an investment protection agreement in Hanoi. Germany is Vietnam`s largest trading partner in the EU and welcomes the signing of the agreement. The free trade agreement facilitates access for German products to the growing Vietnamese market. Like the agreement signed with Singapore, the investment protection agreement with Vietnam sets high and precise standards of investment protection and introduces a reformed dispute settlement procedure. The European Parliament approved both agreements on 12 February 2020. The free trade agreement entered into force on 1 August 2020.

The investment protection agreement must be ratified by all EU Member States before it enters into force. Altmaier said: “The EU-Japan Economic Partnership Agreement is an important signal for free and fair trade.” Click here for an overview of existing EU free trade agreements. EFTA [17] has concluded bilateral agreements with the following countries, including dependent territories, and the following blocs: Singapore: The EU and Singapore signed a free trade agreement and an investment protection agreement at the ASEM summit on 18-19 October 2018. The European Parliament approved both agreements in February 2019. Germany is very pleased with these agreements, as Singapore, despite its small size, is one of Germany`s most important trading partners in the ASEAN region. The ratification of the free trade agreement was completed by a Council decision on 8 November and the agreement entered into force on 21 November 2019. The Investment Protection Agreement sets high and clear standards of investment protection that respect the state`s right to regulation and establishes a reformed dispute settlement procedure along the lines of CETA. More information on these two agreements is available on the European Commission`s website. The EU has concluded free trade agreements with countries around the world. In addition to the usual chapter on preferential tariff treatment, these agreements often contain trade facilitation and agreement clauses in areas such as investment, intellectual property, government procurement, technical standards, and sanitary and phytosanitary issues.

Negotiations on a free trade agreement between the EU and several ASEAN (Association of Southeast Asian Nations) states are of economic importance to Germany. The ASEAN region is experiencing dynamic growth and there is great potential for economic cooperation with Europe. Singapore: The EU and Singapore signed a free trade agreement and an investment protection agreement at the ASEM summit on 18-19 October 2018. The European Parliament approved both agreements in February 2019. Germany warmly welcomes these agreements because, despite its small size, Singapore is one of Germany`s most important trading partners in the ASEAN region. The ratification of the free trade agreement was completed by a Council decision on 8 November, the agreement entered into force on 21 November 2019.The investment protection agreement has yet to be signed by all EU Member States. The Investment Protection Agreement sets high and clear investment protection standards that respect the state`s right to regulate and introduces a reformed dispute settlement procedure along the lines of CETA. More information on the two agreements is available on the European Commission`s website. The EU is currently negotiating with some ASEAN members, while initial negotiations with the whole region have not yielded concrete results.

The European Parliament approved the Comprehensive Economic and Trade Agreement (CETA) on 15 February 2017. CETA eliminates most of the remaining tariffs and allows for better mutual access to markets for goods and services in the EU and Canada. Compliance with common rules and the creation of open market access in this way will help CETA parties to ensure and increase their prosperity. CETA not only creates better opportunities for European producers of industrial products, agricultural products and services. It also reaffirms social and environmental standards and offers a modern form of investment protection. CETA is a modern agreement that offers its parties an excellent opportunity to play an active role in globalization and to establish fair and robust rules for this process. The high standards agreed between the EU and Canada will serve as a reference for future trade agreements. CETA has been provisionally applied since 21 September 2017.

The 4th EU Report on the implementation of the Free Trade Agreement (other languages), published in November 2020, with the foreword by DG Trade Director-General Sabine Weyand (other languages), provides an overview of achievements in 2019 and the work that remains to be done on the EU`s 36 main preferential trade agreements. The attached Commission Staff Working Document provides detailed information in accordance with trade agreements and partners. Note: Every customs union, every common market, every economic union, every customs and monetary union and every economic and monetary union is also a free trade area. A free trade agreement between the EU and India can help remove existing trade barriers and give new impetus to our bilateral cooperation. India`s population is the second largest in the world, making the country a very important trading partner for German companies. However, the German government and the European Commission insist that any agreement must be comprehensive and ambitious. While negotiations on a free trade agreement began in 2007, sharp differences in expectations on both sides have led to the stalemate in these negotiations since 2012. On 15 February 2017, the European Parliament approved the Comprehensive Economic and Trade Agreement (CETA). CETA removes most of the remaining tariffs and ensures better mutual access to the markets for goods and services in the EU and Canada. Respecting common rules and creating open market access will help CETA parties ensure and increase their prosperity. CETA not only creates better opportunities for European producers of industrial goods, agricultural products and services. It also reaffirms social and environmental standards and offers a modern form of investment protection.

CETA is a modern agreement that offers its parties an excellent opportunity to play an active role in globalization and to establish fair and robust rules for this process. The high standards agreed between the EU and Canada will serve as a reference for future trade agreements. CETA has been provisionally applied since 21 September 2017. .