The general meeting of VDMA Construction – Equipment and Plant Engineering on 3rd March 2021 drew a positive conclusion about the past and current year. Central topics were the economic situation, the importance of the European climate goals 2050 for the industry and the development in relations with the USA after the change of government.
A wind of trade protectionism referred to as “Covid nationalism” has started blowing on global trade markets in the wake of the coronavirus pandemics. Countries are now implementing border restrictions in an attempt to control the spread of the virus.