With 'Eckgard Cordes' tagged articles

Russia sanctions: Germany's Willing Executioners in the economy

Thursday, 07 August 2014

Dysfunctional: Eastern Committee of German Business

Under "About us" explained the Eastern Committee of German Business as its raison d'être :

He since 1952 "represents the interests of German business management t" in today 21 countries of the (south) east of Europe, including Russia. The Eastern Committee acts as a bridge: "The instruments of economic diplomacy shall, in cooperation with the federal government committees from among the Eastern European members of the government and German companies". He organized on large number of related events and networked young professionals from the countries involved. U. a. He also performs the German-Russian Dialogue Baden-Baden.

The objectives of the Eastern Committee, inter alia, include "the intensification of economic relations with the countries serviced", "improving trade and investment conditions for German companies". The Committee has also its "network of contacts to government agencies and industry representatives."

It can be the crème de la crème of the German economy among its members. Among the five associations of the German economy (Federation of German Industry, Banking Association, Association of the German Insurance Industry, Foreign Trade Association of German Retailers and the Central Association of the German Trade) support the Association. In addition, currently belong "more than 200 member companies" to "from small businesses to DAX companies (as of July 2014)"

The Eastern Committee of German Economy would have been ideal, with its well-established for years, good contacts to the east to occur in the current conflict in Ukraine as an honest broker and mediator between the parties. Unfortunately, it was nothing to feel - a total failure, where a "network of contacts" could be collected and will. (more ...)