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Germany's Merz says EU to shape better offer as global trade order comes under pressure

Merz urged deeper EU ties with Asian economies and proposed a free-trade link with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

  • On Tuesday, German Chancellor Friedrich Merz began a four-day trip in Singapore, urging the European Union to deepen trade partnerships across Southeast Asia and the Trans-Pacific Partnership to counter global trade restrictions.
  • Merz emphasized the stability offered by Europe, aiming to provide a "deliberate counterpoint" to unpredictable tariffs from the United States under President Donald Trump and trade restrictions imposed by China.
  • The European Union, representing 450 million consumers, seeks a new free-trade agreement with the 12-member CPTPP while coordinating bilateral frameworks with partners like Malaysia, Indonesia, India, and Singapore.
  • Following a meeting with Singapore Prime Minister Lawrence Wong, Merz agreed to expand bilateral cooperation in security, defense, sustainable energy, and artificial intelligence, as Wong expressed confidence in Germany's long-term investment potential.
  • When Singapore assumes the chairmanship of the Association of Southeast Asian Nations in 2027, Wong pledged to prioritize progress on an ASEAN-EU free trade deal to foster further economic integration.
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Capital.gr broke the news on Tuesday, October 27, 2026.
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