Robert Habik, the minister for economic affairs in Germany, declared his country’s intention to lessen its reliance on China and broaden its trade relations with ASEAN nations.
We must reorganise our commercial policy, said German Deputy Chancellor Olaf Schultz on Saturday before the activities of a German economic activity conference in the Asia-Pacific region began in Singapore. We need other countries and other partners.
“He urged the Green Party official to hold talks on the conclusion of a deal to liberalise trade between the European Union and India as soon as possible.
Habik saw that there should be no unilateral dependence in specific vital areas, and Habik talked about the semiconductor field, saying that there are productive capabilities for semiconductors available in Germany and Singapore, and demanded the expansion of cooperation with Singapore.
Habik claimed that the German economy is paying close attention to the rapidly growing South Asian markets, but that this does not signify China’s economic integration.
It is noteworthy that Germany is taking a different path of the United States, as the German economy looks at the People’s Republic of China as a very important commercial partner, and there are many German companies produced in China..
Germany wants to strengthen its business ties with ASEAN and become less dependent on China.
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