Business, Energy and Economic Cooperation

Gläserne Manufaktur von VW Enlarge image (© picture-alliance/ ZB)

The goal of the department of economics is to foster and maintain the German - Jamaican economic relations. This section is concerned with the economic development of the countries of its jurisdiction (Jamaica, the Bahamas, the Cayman Islands and Turks & Caicos Islands) and is engaged in enhancing Germany as an attractive place for trade and investment. The department fosters contacts between government offices, federations and businesses and looks after economics delegations.

There is also a close cooperation at the level of EU-economic consellors and with the local delegation of the EU Commission.

Hamburger Containerhafen bei Nacht

Economic Cooperation

Germany has concentrated during recent years on regional-based programs with a sectoral perspective. Bilateral technical and financial assistance programs in the Eastern and South Caribbean region are limited to the Cooperative Republic of Guyana with focus on Poverty Reduction, Debt Relieve under the Enhanced Heavily Indebted Poor Countries (HIPC) Debt Initiative as well as on the protection of the environment and of natural resources.

ICE

Business Location Germany

Situated in the heart of Europe, Germany has got easy access not only to 82 million people living in Germany, but also to 290 million further consumers in Europe. Given this background, it is no surprise that Germany is the world leader in exports. The secret of the success: Innovative companies, highly motivated and qualified staff and, of course, high quality products. For many years already, the claim “Made in Germany” has been a quality indicator to companies and customers all over the world.

Windräder einer Windkraftanlage sind bei Bornstedt in der Nähe von Magdeburg...

Science, Research And Technology

Germany is a land of ideas. Education, science and research play a central role here. Germany is one of the countries most preferred by foreign students, a hub of cutting-edge international research and a constant source of new patents.

Renewable Energies (combo)

Climate, Energy and Environment

Changes in the atmosphere and climate system are among the greatest environmental and political challenges of the 21st century. Climate change, which has largely been caused by human activity, is the global challenge. For many years now, Germany has been making efforts to avoid greenhouse gas emissions by way of anticipatory national climate change policies and by promoting renewable energy sources and energy efficiency. In the international arena, Germany is a forerunner in climate and energy policies and seeks to achieve ambitious emission-reduction goals. Germany made the historic decision to gradually phase out nuclear energy by the end of 2022 at the latest. The main reason ist that a residual risk in using this energy cannot be ruled out as the disaster in Fujushima has shown. Germany has set the ambitious target of increasing the share of electricity from renewable energy sources from 17% today to at least 35% by 2020 and 50% by 2030.

Business, Energy and Economic Cooperation

Containerschiff auf der Elbe

Business news – a service brought to you by Deutsche Welle

Jun 23, 2017 12:32 PM

France to stop granting oil exploration licenses

The French government says it is going to stop granting new licenses for oil and gas exploration in France and its overseas territories, in a bid to fulfill one of President Emmanuel Macron's campaign pledges.


Jun 23, 2017 9:20 AM

Qatar Airways seeks stake in American Airlines

The breakdown in relations in the Middle East hasn't deterred Qatar Airways, as it is looking to expand its portfolio by buying a stake in American Airlines. But the attempt drew a frosty response from the US airline.


Jun 23, 2017 1:14 AM

Report: US issues arrest warrants for former VW executives

US authorities have issued international arrest warrants for five former VW managers and developers for their role in the Dieselgate scandal. Germany has reportedly refused to hand them over to the US.


Jun 22, 2017 6:48 PM

Breast implant certifier 'not liable' over ruptures

A lawsuit related to a faulty breast implant by a French manufacturer has been thrown out of a German court. A Cologne-based safety firm has been told it is not liable to pay damages to one of the victims.


Jun 22, 2017 6:07 PM

New surveillance law: German police allowed to hack smartphones

Critics have slammed a proposed German surveillance law as infringing on civil liberties. The controversial legislation would empower investigators to read suspects' WhatsApp messages and other online communication.


Jun 22, 2017 4:21 PM

Boom time for Colombian cocaine, Afghan opioids

Some 30 million narcotics users are hooked worldwide and deliveries are "thriving", especially cocaine to Europe and North America, according to the UN'S drugs and crime agency. Opioids kill 190,000 sufferers annually.


Jun 22, 2017 3:39 PM

France, Germany to divide EU regulation after UK exits: report

A magazine report claims France and Germany will share responsibility for EU regulations on banking and drugs after Britain leaves the European Union. A decision is expected in October.


Jun 22, 2017 1:53 PM

Iran's Zagros and Airtour to buy Airbus planes

Iranian carriers Iran Airtour and Zagros Airlines have agreed to purchase a combined 73 planes from Airbus, in a last-minute flurry of deals for the European aviation giant at the Paris Air Show.