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

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Apr 28, 2017 8:48 PM

Merkel to talk business during trip to oil-rich nations

During her trip to Saudi Arabia and the United Arab Emirates, the German chancellor is to have talks about larger economic cooperation. Her hosts have seen their domestic economies suffer from dropping oil prices.


Apr 28, 2017 7:00 PM

Germany scraps 'two-person' cockpit rule

Germany's airlines have decided to do away with rules requiring two people in the cockpit at the same time, the country's aviation association said. The rule had been introduced after a deadly crash in 2015.


Apr 28, 2017 6:52 PM

VW: 'combustion engine far from dead'

German carmaker Volkswagen has said it's pumping more money into improving its combustion engines. Increased investment in this technology, VW argued, was justified despite the more general trend toward e-cars.


Apr 28, 2017 4:42 PM

US growth hits three-year low at start of 2017

US growth figures do not make comfortable reading for Donald Trump. However, the US has encouraging business investment and job creation figures, with the unemployment rate at a nine-year low.


Apr 28, 2017 4:40 PM

Monsanto in mind, Bayer shareholders meet in Bonn

Vocal protesters gathered on Bonn's United Nations plaza to protest the annual shareholders meeting of the German drugs juggernaut Bayer. The chemical manufacturer hopes to take over the US corporation Monsanto.


Apr 28, 2017 4:23 PM

Africa rejects Europe's 'dirty diesel'

Ghana and Nigeria are the first countries to respond to reports of European companies exploiting weak fuel standards in Africa. Stricter limits on the sulfur content of diesel will come into force on July 1.


Apr 28, 2017 4:18 PM

Air Berlin logs record loss

Germany's second-biggest carrier, Air Berlin, has slipped further into the red. The reason behind renewed losses is its deep restructuring effort. The airline said it was seeking new partnerships.


Apr 28, 2017 3:44 PM

Erdogan's India visit - A Muslim nationalist meets a Hindu nationalist

Basking in glory after emerging victorious in a recent divisive referendum, Turkish leader Erdogan is traveling to India as part of a whirlwind tour of global powers. The agenda includes terror, trade and nuclear issues.