Companies in the mechanical engineering industry mainly sell their products abroad with an export ratio of almost 80%. VDMA has therefore always supported the EU’s free trade agenda. Trade agreements with emerging markets are in particular a major achievement for the machinery industry in Europe. On the other hand, lawmakers should pay attention not to hinder exports of European companies by unnecessary bureaucratic requirements.
"Especially in times of increasing protectionism, the EU needs a strong trade commissioner who can successfully represent and enforce the advantages of open markets and free trade even against resistance".
The EU Commission launched the platform "Re-Open EU" on 15 June 2020. The website provides relevant information in several languages, such as distance regulations and travel restrictions throughout Europe.
The EU-Commission published on 13 May 2020 a so-called tourism and transport package. One aim is to help the EU Member States in gradually lifting the travel restrictions imposed to combat the COVID-19 outbreak.
VDMA demands that State credit insurers must be allowed to resume operations if the private market fails. Private export credit insurances are in particular relevant for the European business of the mechanical engineering industry.
This month we are updating our privacy statement to better understand what information we collect and why. We have also taken steps to improve our features to protect your information and privacy.
There is no change to your current settings or how your data is processed. We have merely improved the explanation of our procedures and explain to you in more detail what options you have to update, manage and delete your data.
We take the protection of your personal data and their confidential treatment very seriously.
General information about the scope of processing of your personal data and about your data protection rights can be found at www.vdma.org/datenschutz.
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