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Business / Trade in Germany

  • G20 Putin-Trump showdown delivers on Syria

    GERMANY, 2017/07/08
  • Germany's Gabriel makes surprise visit to Somalia

    GERMANY, 2017/05/04 Germany's foreign minister has warned of a looming humanitarian catastrophe on a trip to Somalia. Gabriel's visit, the initial by a German foreign minister, comes ahead of a international security conference on Somalia. German Foreign Minister Sigmar Gabriel on Monday pledged to double aid to drought-hit Somalia, where additional than 6 million people are in need of humanitarian assistance. Gabriel arrived in the capital, Mogadishu, under heavy security on an unannounced visit, the initial ever by a German foreign minister to the Horn of Africa country.
  • Chancellor Merkel faces President Putin in tense Sochi press conference

    GERMANY, 2017/05/03 The German Chancellor has pressed the Russian president to protect gays in Chechnya and take into account rights of anti-government protesters. They met in Sochi for "intensive" talks about crises around the world. Chancellor Angela Merkel said she was not worried about the possibility of Russian meddling with the upcoming election in Germany. "I am not the kind of a person that is easily scared," she told reporters at a joint press conference with Vladimir Putin in Sochi on Tuesday.
  • Egypt’s Sisi, Germany’s Merkel discuss bilateral relations, recent terrorist attacks

    GERMANY, 2017/01/14 Egyptian President Abdel-Fattah El-Sisi and German Chancellor Angela Merkel discussed on Friday via phone call bilateral relations between the two nations inclunding recent regional and international developments, national news agency MENA reported. During the call, both parties exchanged condolences in the wake of recent terrorist attacks in the two nations. Last week, eight policemen and one civilian were killed in a terrorist attack in Egypt’s North Sinai, while in December a truck ploughed through a Christmas market in Berlin, killing 12 people.
  • Turkmenistan, Germany to sign some documents

    GERMANY, 2016/08/28 Turkmen President Gurbanguly Berdimuhamedov intends to pay a working visit to Germany August 29-30, the Turkmen government said August 27. According to the message, several documents are planned to be signed as part of the visit. The diplomatic relations between Turkmenistan and Germany were established in 1992.
  • Russia-Ukraine Conflict: Germany Says EU Sanctions Against Kremlin Could Be Lifted

    GERMANY, 2016/05/28 Russian President Vladimir Putin arrived in Greece Friday courting a European Union member ahead of the bloc’s vote on whether to renew sanctions against the Kremlin over its actions in Ukraine. Germany said Friday it would support the gradual lifting of sanctions if Russia can demonstrate progress toward implementing the Minsk peace agreement that was signed in February 2015 in the hopes of putting an end to the conflict in eastern Ukraine. “Sanctions are no end in themselves. An all-or-nothing approach doesn’t bring us closer to our goal,” said Foreign Ministry spokesman Martin Jaeger, Reuters reported.
  • German Oct Exports Drop; Imports Fall Most Since 2012

    GERMANY, 2015/12/10 Germany's exports declined additional-than-expected in October and imports logged its biggest fall since 2012, reflecting a weak start to the fourth quarter. Exports fell 1.2 % in October from September, at the same time as they advanced 2.6 %, figures from Destatis revealed Wednesday. Shipments were expected to fall 0.6 %. Likewise, imports declined 3.4 % in contrast to September's 3.8 % increase. This was the biggest fall since April 2012, at the same time as shipments slid 3.5 %. Economists had estimate a 1 % drop for October.
  • Egyptian-German trade relations on the rise

    GERMANY, 2015/11/26 Over the completed period, Egyptian-German commercial relations witnessed increase despite the problems facing the Egyptian economy, said Rainer Herret, CEO of the German-Arab Chamber of Industry and Commerce. These problems include the lack of foreign currency, gas and the electricity crisis, He added that the volume of Egyptian exports to Germany increased by 2%, as Egypt exported vegetables, fruits and juices worth €9m in the completed nine months, while German exports to Egypt jumped by 37%.
  • Economic ties between China and Germany remained strong

    CHINA, 2015/09/30 Economic ties between China and Germany remained strong and the prospect of bilateral cooperation was bright despite a slowdown in China's economy, said business leaders on Thursday. "We didn't see a slowdown of Chinese investment in Germany. Chinese enterprises are sticking to their plans to expand abroad," said Yan Jianxun, chief of Chinese Chamber of Commerce in Germany, in a business conference in Berlin. Currently, there are around 2,000 Chinese companies operating in Germany, China's biggest trading partner in Europe. In 2014, China became the biggest investing country in Germany with a record number of investment projects.
  • Merkel calls for a free trade accord between the Europe Union and Mercosur

    GERMANY, 2015/08/26 “We could broaden our trade. We need reliable investment conditions”, she said in Brasilia as she pressed for better access to Brazilian markets for German pharmaceutical products and medical technology, for example. German companies have invested additional than 19 billion Euros in Brazil. German government officials want to use the trip to lobby for German companies to be involved in a US$57 billion infrastructure investment program in railways, harbors and airports announced by Brazilian President Dilma Rousseff. German Chancellor Angela Merkel pressed Brazil's government on Thursday to further open its markets to foreign companies, and said she saw an opportunity to reach a free-trade transaction between the European Union and the Mercosur trade bloc. Merkel is on a two-day visit to Brazil with a large delegation of government officials and representatives from German companies.