comparemela.com

kevin hyde nice he's a foreign trade expert at the association of german chambers of industry and commerce and i asked him why the world's biggest single market and a relatively small city state were so eager to link up. the morning well singapore is relatively small you're right when you look at the population of the size of the area of the land but if you look at trade in the if you look at the economy it's pretty significant the trade one with germany is for awfully around 15000000000 euros you can compare that for example to canada which is slightly larger than singapore but the trade value is similar so this significant for the area for the german economy ok so what significance does this deal have for german distances well german businesses get all the benefits that a trade agreement usually gets it gets lower tariffs that means lower costs for the companies less bureaucracy for example it also means that we have agreements on

Related Keywords

World ,International Trade ,City State ,Kevin Hyde ,Morning Well Singapore ,Association Of German Chambers Industry And Commerce ,Expert ,Market ,Trade ,German ,Area ,Economy ,One ,Population ,Land ,Size ,Singapore ,Trade Deal ,Example ,Trade Value ,Significance ,Canada ,15000000000 Euros ,15000000000 ,Businesses ,Companies ,Tariffs ,Trade Agreement ,Costs ,Benefits ,Bureaucracy ,Distances ,

© 2024 Vimarsana

comparemela.com © 2020. All Rights Reserved.