A regional initiative of the BDI, DIHK, BGA and BdB
About the Transatlantic Business Initiative
- Trade and Investment Policy
- Energy and Climate Policy
- Data and Digital Economy
- Business and Finance
Transatlantic relations have experienced some challenges in the past several years. Under the last president, the United States turned away from traditional partners and allies and withdrew from some international organizations. A trade and investment agreement - ... the Comprehensive Economic Partnership Agreement (CETA) - was negotiated with Canada. But it has only been in force provisionally since 2017. While Canada has created all the conditions for the full application of this modern agreement, the EU has so far proven not to be a reliable partner. Germany has also not yet ratified the agreement. The fact that trust in the USA has suffered greatly in this country in recent years is also shown by the latest survey results: according to the Democracy Perception Index 2021 (survey period: 24 February to 14 April 2021), 36 percent of the Germans surveyed believe that the influence of the USA endangers democracy in Germany. Only 33 percent said this about China, 29 percent see Russia's influence as a danger. With regard to global democracy, 51 per cent of respondents in this country describe the influence of the USA as rather negative, only 32 per cent consider it positive. Even if the perception of the USA has already improved compared to the previous year and a "Biden effect" can be noted, the values still show that a lot of trust still has to be regained. The TBI would like to contribute to this - on both sides of the Atlantic. US President Joe Biden and US Secretary of State Antony Blinken have meanwhile stressed on numerous occasions how important the transatlantic partnership is, including NATO. The US rejoined the Paris Climate Agreement and the WHO shortly after Biden took office. The US is also very engaged again in the G7 and G20. Joe Biden has stopped the troop withdrawal from Germany that his predecessor had announced.
Despite skepticism among the German population, it is abundantly clear to the German business community that the United States is and will remain our most important partner and ally outside of the EU. ...In addition: Only together with the US can we tackle the major global challenges and convince other countries to pull in the same direction: be it climate change, pandemic control (and better preparation for future pandemics) or even the defence of liberal values and human rights. And as these challenges are many, the transatlantic agenda of the coming years must also be shaped positively. We hope that in the future, the EU and the US will once again work uninterruptedly and closely together.
German business would like to closely support the new start in the transatlantic relationship to make it as successful as possible. For this purpose, we have established thematic steering groups within the TBI on areas which are crucial ...for transatlantic cooperation: trade and investment policy, climate and energy policy, data and digital economy, and business and finance. We believe that through our expertise in those areas we can make a significant contribution to the reboot of transatlantic relations.
Federation of German IndustriesThe Federation of German Industries (BDI) is the umbrella organisation of German industry and industry-related service providers. It speaks for 40 industry associations and represents over 100,000 large, medium-sized and small companies with a good eight million employees. The BDI sees itself not only as the political representative of the interests of German industry, but also as a discussion partner and centre of expertise.
To the BDI
Association of German BanksThe Association of German Banks (BdB) represents the interests of private banks in Germany. More than 170 private banks, around 30 extraordinary members such as FinTechs and eleven regional member associations are united in the Bankenverband. The Bankenverband is committed to a responsible financial sector that contributes to growth and prosperity for all.
To the BdB
Federation of German Wholesale, Foreign Trade and ServicesThe Federal Association of Wholesale, Foreign Trade and Services (BGA) is the umbrella organisation representing the foreign trade interests of an economic sector with 148,000 companies. More than 1.9 million employees work there, including 60,000 trainees. The companies are medium-sized and internationally committed trading companies that play a significant role in the progressive internationalisation of German trade.
To the BGA
Association of German Chambers of Industry and CommerceThe Association of German Chambers of Industry and Commerce e. V. (DIHK) represents the entire commercial sector in Germany. Its members are the 79 chambers of industry and commerce (IHKs) with several million companies from industry, trade and services - from kiosk owners to large corporations. The DIHK is committed to these companies vis-à-vis politics, administration and the public.
To the DIHK
Federation of German Industries
Association of German Banks
Federation of German Wholesale, Foreign Trade and Services
Association of German Chambers of Industry and Commerce
Chairman of the TBI
Prof. Dr.-Ing. Siegfried Russwurm
Deputy Chairpersons of the TBI
Dr. Dirk Jandura
HAWE Hydraulik SE - Chairman of the Supervisory Board // President VDMA
Karl von Rohr
Dr. Anno Borkowsky
Dr. Max Ferdinand Krawinkel
Karl von Rohr
President // Member of the Management Board
Mode of Operation
and Climate Policy
and Digital Economy