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

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Oct 20, 2017 6:11 PM

G7, Facebook, Google, Twitter agree on plan to counter Islamist terror

G7 countries and leading technology companies including Google, Facebook and Twitter have agreed to work together to combat online terror propaganda. The accord is aimed at blocking jihadi content online.


Oct 20, 2017 5:06 PM

EU regulators raid auto giant BMW in German cartel case

The bloc's anti-trust officials have searched the offices of the premium carmaker this week in a probe investigating BMW and four other German automobile firms for suspected anti-competitive practices.


Oct 20, 2017 11:41 AM

EU leaders disagree on Brexit progress at summit

Theresa May has not left Brussels empty-handed, but at the end of a two-day EU summit, the bloc still lacks "all the details we need." EU leaders remained at odds on some internal reforms, as well.


Oct 20, 2017 11:39 AM

Catalans make symbolic cash withdrawals

Catalans have started withdrawing 150 or 160 euros ($188) from banks that have moved their headquarters. The action is in reference to Article 155 of the Spanish constitution which allows for taking control of Catalonia.


Oct 20, 2017 9:43 AM

Uganda: Is it still Africa's bread-basket?

Uganda has always been known as the bread basket of Africa and for the most part that's still true. But both the lack of rainfall in the northeast and the large number of refugees have posed a challenge to the country.


Oct 20, 2017 9:20 AM

Diesel refit, recall weigh on Daimler profits

Net earnings at the world's largest luxury carmaker have taken a dive, Daimler's latest quarterly earnings report has shown. It's the result of several costly campaigns, while overall sales left nothing to be desired.


Oct 20, 2017 8:04 AM

Australia says good-bye to car-making as Holden closes doors

The last car has rolled off a Holden production line in Australia. It marked the end of an era for the company and the demise of a national industry, which experts said was unable to stand up to global competition.


Oct 19, 2017 7:23 PM

Haribo gummy bear ingredients made by modern slaves, documentary shows

Much-loved German confectioner Haribo has come under intense criticism after a documentary discovered cruel conditions in the manufacture of a key ingredient in Brazil. Pigs also suffer in the making of gelatin.