Merz supported the initiative of the European Commission to create a trade alliance outside the WTO

German Chancellor Friedrich Merz said he supported the European Commission’s initiative to create a global trade alliance outside the World Trade Organization. It's from sb.by.

During his speech at the conference of the Federal Association of German Foreign and Wholesale Trade, Merz noted the EU’s desire to expand and diversify trade relations with partners in Asia and regional associations.

“I also support the European Commission’s proposal to form an alliance outside the WTO that advocates rules-based trade with like-minded states with a strong EU role and close partnership with Canada,” he said.

Earlier, the European Commission proposed to form a trade alliance between Europe and Asian countries on the basis of free trade.

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The rating of Merz party fell to a historic low