Dear Reader, Dear Members and Friends,
Bavaria’s strong ties with the United States are a cornerstone of its economic success.
The U.S. has been Bavaria's most important foreign market for many years. However, following strong growth in 2015, Bavarian exports to the U.S. fell by 5 percent in the first half of 2016.
This underlines that our future prosperity and jobs very much depend on concluding an ambitious trade and investment agreement (TTIP) with the U.S. as soon as possible.
The age of isolated markets has long passed – Bavaria, Europe and the U.S. need to shape globalization jointly in both their interests.
I hope you enjoy reading the articles in this month’s newsletter.