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MIL OSI Translation. Region: Germany / Deutschland –

Source: Federal Ministry for Economic Affairs and Energy Federal Minister of Economics Peter Altmaier opened the Asia-Pacific Conference of German Business (APK) today together with the Chairman of the Asia-Pacific Committee (APA) of German Business, Joe Kaeser. Federal Minister of Economics Altmaier: “The Covid-19 -The pandemic has hit our economy and the economies in the Asia-Pacific region hard. For me it was and is always clear: We will have to work together even more, even more intensively in the future, because we only solve crises together, not alone. This includes making our supply chains and our supply routes more resilient. But that does not mean withdrawing – on the contrary: more trade, more international cooperation. The Asia-Pacific region in particular offers many opportunities from which both sides benefit. We want to use today’s conference to further deepen and expand our relationships. I am therefore particularly pleased that my colleagues Hiroshi Kajiyama from Japan, Mathias Cormann from Australia and the Indonesian Ministers Airlangga Hartarto and Luhut Binsar Pandjaitan will give the APK an important impetus for our bilateral cooperation. Because we are allies in our joint commitment to rule-based free trade, open markets and the modernization of the WTO. ”From the perspective of the German Asian economy, APK chairman Kaeser emphasizes:“ The global economy is facing unprecedented challenges – geopolitical, technological and socially. In order to meet them, we need international cooperation more than ever. Fair and free trade with a free, multilateral basic order are the foundations for this. Only in this way will the 4th industrial revolution, i.e. the Internet of Things, also succeed and bring the hoped-for improvements for people all over the world, ”said the Chairman of the Asia-Pacific Committee, Joe Kaeser. “For Germany and the EU, a long-term and reliable partnership with Asia is an essential element of their economic and foreign relations. The APK has been contributing to the development of these relationships for more than 20 years. The first “APK digital” will continue this promotion of cooperation between Germany, Europe and the Asia-Pacific region and also set an example for dialogue in a multilateral new world, ”Kaeser continues. Since 1986, the APK has been APA’s lighthouse event , Chambers of Commerce Abroad and BMWi to promote economic relations between the Asia-Pacific region and Germany. This year the APK will take place for the first time as a digital format against the background of the Covid 19 pandemic. Common challenges such as overcoming Covid-19 and its economic consequences, modernizing trade policy, securing global value chains and strategies for digitization in Asia and Europe are the focus of the contributions and discussions. The APK program can be found here: www. apk-digital.com and background information on countries and topics at: www.gtai.de/gtai-de/trade/specials/asien-pazifik.

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EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.

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