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(Own report) – German business circles are sharply criticizing the EU’s failure on the free trade agreement with Australia and the persisting delay of other EU free trade negotiations. Canberra broke off negotiations with the EU early last week – a serious setback for Brussels. The EU seeks to become less dependent on China with the help of Australian resources. The free trade agreement with Mercosur is also threatened to fail. The member states of that South American alliance are not prepared to give in to Brussels’ demands to protect the rainforests, which are clearly perceived as harassment. It is uncertain that a conciliation can still be achieved. The negotiations on the free trade agreement with India and Indonesia are also stalled. The reason for the failure, on the one hand, are irreconcilable divergences of interests between German industry and French agriculture. On the other hand, according to commentators, the EU’s insistence on environmental demands is perceived

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