Germany's Merkel: Free trade agreements have to do more than just cut tariffs - Reuters

German Chancellor Angela Merkel crossed the wires, via Reuters, arguing that trade agreements must go far beyond just cutting tariffs.

Key quotes (via Reuters):

• A modern trade agreement has to be about more than cutting tariffs
• It should also be about environmental and consumer standards and should have transparent conflict resolution mechanisms
• On protectionism: They begin with natural resource extraction and then pass through many hands in different countries before coming finally to a sellable product. Whoever blocks or hinders these chains hurts everyone