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

DW | Business & Economics

Mar 24, 2017 5:05 PM

Deutsche Bank picks news London headquarters

Germany's biggest lender, Deutsche Bank, has chosen a new office for its London headquarters. Policymakers viewed the move as a vote of confidence in Britain's capital despite the country's decision to leave the EU.


Mar 24, 2017 3:10 PM

BMW third-largest electric car manufacturer

The market for electric cars and hybrids grew by 37 percent in 2016. BMW has made e-car production a priority, and now enjoys a market share of 7 percent, behind Tesla and market leader BYD from China.


Mar 24, 2017 1:21 PM

Trump administration approves Keystone XL pipeline

The Trump administration has issued a presidential permit for TransCanada to build the Keystone XL oil pipeline. The project had been blocked by former President Barack Obama over environmental concerns.


Mar 24, 2017 12:48 PM

Germany seeks EU help in steel row with the US

Germany has called on the European Commission to back its steelmakers by insisting on global trade rules in a dispute with US competitors over alleged German price dumping on the embattled US market.


Mar 24, 2017 12:00 PM

Australia drifts toward China amid wobbly US ties

Chinese Premier Li Keqiang and Australian Prime Minister Malcolm Turnbull meet for talks in Canberra

Chinese premier Li is currently in Australia to strengthen bilateral ties. Both nations see their partnership as primordial to present a unified stance against the protectionist tendencies sprouting up around the world.