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Blog: Is Germany a beneficiary of the KOREU free trade agreement?

BlogpostBy Jade Hochschule, University of Applied Sciences, Wilhelmshaven, DE November 29, 2021

In the Factcheck, we found out that one third of EU exports to South Korea are made in Germany. But what does the agreement between the EU and South Korea really mean for both sides? Who gains, who loses? An assessment by renowned experts. Free Trade versus Protectionism Free trade is the exchange of services and…

True: „One third of EU exports to South Korea are made in Germany“

Fact-check, TrueBy Jade Hochschule, University of Applied Sciences, Wilhelmshaven, DE November 29, 2021

The lobby organization Initiative for Social Market Economy (INSM) published nine facts about the EU on their website. One of them is “One third of EU exports to South Korea are made in Germany”, which seemed to be true. The INSM is financed by employers’ associations and, according to its own statement, acts independently of political parties. As…