In view of the warfare towards Iran, Federal Economics Minister Katherina Reiche (CDU) is demonstratively strengthening Germany’s relations with Israel. In a video convention along with her Israeli counterpart Nir Barkat on Friday, the minister agreed to even nearer cooperation. According to data from WELT AM SONNTAG, this includes, amongst different issues, deeper cooperation within the safety and protection business.
Economic cooperation also needs to be strengthened in geostrategic tasks, for instance in reference to the India-Middle-East-Europe Economic Corridor, the Federal Ministry of Economics mentioned. There are already shut ties between the Israeli army and the Bundeswehr, for instance within the building of a missile safety defend in Germany.
The two ministers additionally wish to assist cooperation between Israeli start-ups and German industrial corporations. Both nations additionally plan to arrange a daily German-Israeli financial discussion board. Reiche has met her colleague Barkat a number of instances since she took workplace final 12 months, together with in Jerusalem.
“Especially in difficult times, it is important that friends stand together and continue to expand their cooperation,” the ministry mentioned. Trade with Israel reached a quantity of 8.8 billion euros final 12 months, which roughly corresponds to the quantity of overseas commerce between Germany and Croatia.
Daniel Zwick is a enterprise editor in Berlin and reviews for WELT on financial and vitality coverage, digitalization and state modernization.
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