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SATURDAY, MAY 24, 2025
Germany aims to expand cooperation with ASEAN via EU - Scholz

World+Biz

Reuters
14 November, 2022, 12:40 pm
Last modified: 14 November, 2022, 12:44 pm

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Germany aims to expand cooperation with ASEAN via EU - Scholz

"A world with new or resurrected trade barriers and de-integrated economies will not be a better place," he said

Reuters
14 November, 2022, 12:40 pm
Last modified: 14 November, 2022, 12:44 pm
Germany's Chancellor Olaf Scholz speaks alongside Vietnam's Prime Minister Pham Minh Chinh (not pictured) during a joint news conference in Hanoi, Vietnam November 13, 2022. REUTERS/Nguyen Ha Minh
Germany's Chancellor Olaf Scholz speaks alongside Vietnam's Prime Minister Pham Minh Chinh (not pictured) during a joint news conference in Hanoi, Vietnam November 13, 2022. REUTERS/Nguyen Ha Minh

German Chancellor Olaf Scholz said that Europe's biggest economy would seek to expand its cooperation with Southeast Asian nations (ASEAN) via the European Union, addressing a meeting of business leaders in Singapore on Monday.

He said that reducing risky, one-sided dependencies for certain raw materials or critical technologies would play an important role in Germany's national security strategy but added that de-coupling was not the answer.

"A world with new or resurrected trade barriers and de-integrated economies will not be a better place," he said according to a prepared speech text.

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