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.


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

Dec 18, 2017 4:26 PM

Unpaid overtime a common phenomenon in Germany

Employees across Germany do a lot more overtime work than people in most fellow eurozone nations. Fresh government figures show that an alarming number of these extra hours remains completely unpaid.

Dec 18, 2017 1:39 PM

Germany: Foreigners face barriers to vocational training

Young people without German citizenship are more likely to struggle to get a vocational training spot than their German counterparts, according to a new study. Their prospects are especially bleak in the country's east.

Dec 18, 2017 1:30 PM

EU launches investigation into IKEA tax deals

The European Commission is investigating IKEA's tax benefits in the Netherlands, which have helped the flat-pack furniture retailer avoid paying taxes of close to ?1 billion between 2009 and 2014.

Dec 18, 2017 12:12 PM

China rebuffs Trump's claim of 'economic aggression'

China has defended its trade with the US as a win-win scenario ahead of a speech by US President Donald Trump laying out a new national security strategy that will accuse Beijing of "economic aggression."

Dec 18, 2017 9:29 AM

'Overtourism' swamps Amsterdam

The Dutch capital is now pushing back in an attempt to keep the city attractive to visitors and residents alike. But some say it's not going far enough.

Dec 18, 2017 9:27 AM

Ryanair pilots suspend Christmas strike threats

Unions representing pilots in Ireland and Portugal have suspended plans to strike before Christmas, lifting the threat of walkouts at the low-cost carrier after it agreed to recognise trade unions for the first time.

Dec 18, 2017 2:21 AM

Atlanta airport: power restored after hundreds of flight cancellations

Power has been restored to the world's busiest airport in Atlanta after a sudden outage that grounded hundreds of flights. Passengers have been stranded in darkened terminals or in planes idling on the tarmac.

Dec 17, 2017 9:21 PM

German erotic chain struggles for survival

Sex chain Beate Uhse's filing of an insolvency rescue plan has left Germany wondering why the firm failed to keep pace with the revolution it triggered post-war. Its new head Michael Specht says he's still "confident."