trade relationship
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trade relationship
The totality of economic and business contacts between two or more countries, regions, or companies, involving the exchange of goods and services. The word is usually used in the plural.
Deutschland und China pflegen intensive Handelsbeziehungen.
Germany and China maintain intensive trade relationships.
The word consists of three parts: 'der Handel' (trade), the linking element '-s-', and 'die Beziehung' (relationship). The meaning of 'Handelsbeziehung' (trade relationship) can therefore be derived directly from its components.
Eine stabile Handelsbeziehung ist für beide Länder von Vorteil.
A stable trade relationship is beneficial for both countries.
In most cases, this word is used in the plural ('Handelsbeziehungen', trade relationships). It describes the totality of economic contacts between two parties, e.g. countries or companies.
Die EU und die Schweiz haben sehr enge Handelsbeziehungen.
The EU and Switzerland have very close trade relationships.
You can 'aufnehmen' (establish/begin), 'pflegen' (maintain), 'ausbauen' (expand), or 'abbrechen' (break off/end) trade relationships. These verbs describe the state and development of the relationship.
Nach dem Konflikt haben die beiden Länder ihre Handelsbeziehungen wieder aufgenommen.
After the conflict, the two countries resumed their trade relationships.