Freihandelsabkommen

free trade agreement

noun FREY-han-dels-ap-kom-en Rare

Usage Note

Freihandelsabkommen is a treaty between countries reducing or eliminating tariffs and trade barriers. Famous examples include CETA (EU-Canada) and TTIP (EU-US, negotiated). The term appears constantly in news coverage of EU trade diplomacy.

Examples

"Das Freihandelsabkommen soll Zölle auf beiden Seiten drastisch senken."

Natural Translation

The free trade agreement is supposed to drastically reduce tariffs on both sides.

Literal Translation

The free-trade-agreement shall tariffs on both sides drastically lower.

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