Tradelines News

Get the latest news and updates on cross-border customs and international trade.

German Economy Minister Wins Key CETA Confidence Vote

(Deutsche Welle)

Germany’s Vice Chancellor Sigmar Gabriel won a crucial mandate within his Social Democratic party (SPD) on Europe’s free trade agreement with Canada on Monday.

The Vice Chancellor and SPD leader, who is also the country’s economy minister, had tied his fate to the success of his party’s support for the ‘Comprehensive Economic Trade Agreement’ (CETA), a free trade deal between the European Union and Canada. His failure to secure a majority of delegates at Monday’s SPD convention in Wolfsburg now calls into question whether Gabriel will lead the SPD into next year’s national elections.

Ahead of the vote, CETA had proven divisive within the SPD. The left and youth wing of the party had come out as the strongest critics to the trade deal. Click here to read more.