Free international trade with the EAEU – an opportunity for growth for European medium-sized businesses
Ulf Schneider, SCHNEIDER GROUP President and Founder, the Chairman of the Board of the Lisbon-Vladivostok Initiative, took part in a meeting of the Committee for the Development of International Cooperation of the German Association BVMW.
On April 8, 2021, a teleconference was held between members of the BVMW, European politicians and officials on the impact of international free trade agreements on the development of medium-sized businesses. The discussion was attended by Matthias Heider, a member of the Bundestag (CDU/CSU parties); Christian Forwick, Head of Department at the German Federal Ministry for Economic Affairs and Energy, prof. Eberhard Sandschneider, an employee of Berlin Global Advisors and the others. Andreas Jahn, a BVMW Board Member, was the moderator.
Ulf Schneider shared his vision of growth opportunities for medium-sized businesses in the space from Lisbon to Vladivostok, if a corresponding free trade agreement is concluded, and also noted the benefits for the development of European business in the member states of the EAEU. The participants of the discussion noted the leading role of Asian, African and the US markets, as well as the not yet entirely assessed markets of the member states of the EAEU.
The Federal Association for Small and Medium Enterprises – German Business Association (the BVMW) is the leading German association for medium-sized businesses. The BVMW head office is located in Berlin. The BVMW represents professional and industry interests of German medium-sized enterprises in the European Union and worldwide. The BVMW currently has about 55,000 member companies and represents over 900,000 people. Ulf Schneider (and his company SCHNEIDER GROUP) is the official representative of the BVMW in the member states of the EAEU.
About the Lisbon-Vladivostok Initiative:
In 2015, an initiative was born in European business circles to promote the idea of creating a single economic space on the territory of the European Union (the EU) and the Eurasian Economic Union (the EAEU) – the business Initiative Lisbon-Vladivostok. The foundation of the Initiative is the need of the business community for economic integration and expansion of economic interaction in the Eurasian space. The Initiative already brings together more than 100 companies, as well as major business associations from 12 EU and EAEU member states. In 2020, the Initiative received its organizational design in the shape of working bodies: the board and a number of expert working groups (Task Forces) in specific areas. Events dedicated to the popularization and further promotion of the Initiative are held on a regular basis. The participants in the events held within the framework of the Initiative are business leaders and owners, officials, and authoritative members of the expert community.
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