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

Aug 16, 2017 8:31 PM

Ireland insists Apple tax bill unjustified

Ireland's finance minister has said he remains unhappy about the European Commission's demand that Dublin collect billions of euro in back taxes from Apple. He said agreements with the tech firm had not been state aid.

Aug 16, 2017 7:39 PM

Consumer groups concerned as Belgian fries escape new acrylamide regulation

Belgian fries, whose preparation can lead to high levels of possibly cancer-causing acrylamide, will not be subject to new EU restrictions. But food-safety advocates say the risk can be avoided without harming flavor.

Aug 16, 2017 6:10 PM

Hamburg ranked most liveable city in Germany by Economist

Just one German city made it to the top 10 in the Economist Intelligence Unit's Global Liveability Report. The city scored a perfect score for its health care and its infrastructure.

Aug 16, 2017 5:28 PM

Norway's climate hypocrisy: Clean at home, dirty in the Arctic

Norway trumpets its low carbon footprint, but a new report says plans to ramp up oil and gas production in the Arctic will increase its emissions by half again - making a mockery of its Paris Agreement promises.

Aug 16, 2017 3:41 PM

Fiat joins autonomous driving alliance

Italian-American carmaker Fiat-Chrysler has joined an alliance to develop self-driving vehicles. The project has been led Germany's BMW Group, Intel and its Israeli subsidiary Mobileye and is open to more partners.

Aug 16, 2017 3:40 PM

UK seeks 'frictionless' border for N. Ireland after Brexit

Ireland welcomed the British government's position, but says more details are needed

London has pledged to avoid border posts between the EU-member Republic of Ireland and the UK country of Northern Ireland after Brexit. Questions still remain as to how Britain plans to police the "frictionless" border.

Aug 16, 2017 1:51 PM

German minister threatens mandatory quota to push women execs

Big German companies need to put more women on their executive boards, said Germany's Women's Affairs Minister Katarina Barley. The official threatened legal measures if the firms fail to fix the problem within the year.

Aug 16, 2017 12:11 PM

Eurozone growth smashes forecasts

The economies of the 19 countries sharing the euro currency expanded by more than previously forecast, as a slew of positive data suggest that the recovery in the bloc is well on track.