2024-09-16 13:29:08
Business
Asia
Economy

Scholz Foster Economic Ties in Central Asia

Image courtesy of : AFP (TOBIAS SCHWARZ)
German Chancellor Olaf Scholz is on a mission to strengthen economic relationships in Central Asia. During his visit to Uzbekistan, Scholz focused on attracting skilled workers and securing raw materials for German companies. A newly signed migration partnership aims to facilitate the legal immigration of Uzbek specialists to Germany. Scholz emphasized that these professionals are warmly welcomed, and he also underlined the potential for mutual economic benefits through resource exploitation in Uzbekistan.

The Eastern Committee of the German Economy highlighted the strategic importance of Central Asia for the energy transition. The region is rich in valuable resources and offers ideal conditions for renewable energy production. Kazakhstan, already a key oil supplier, is poised to play a critical role in green hydrogen supply for European industries. German companies are actively implementing projects, and advanced German technologies can help reduce energy intensity in Central Asia through investments in modern power plants and energy-efficient industrial facilities.

Scholz's journey began in Samarkand, where he met Uzbekistan's political leaders and signed the migration agreement. This pact is expected to create more opportunities for Uzbek professionals to migrate legally to Germany while ensuring the repatriation of Uzbek citizens without residence permits. The visit also touches on potential deportations to Afghanistan via Uzbekistan.

Scholz will continue his tour in Kazakhstan, aiming to deepen economic ties and expand oil supplies to offset reduced Russian deliveries. Kazakhstan's President Tokayev hopes for peace in Ukraine, despite Russia's military dominance. Scholz's visit underscores the growing geopolitical significance of Central Asia amid the ongoing conflict in Ukraine, positioning the region as a reliable partner and promising market for the EU and Germany.
n-tv.de
16. September 2024 um 11:47

Cooperation also in migration: Scholz wants to secure raw materials for Germany in Uzbekistan

Politics
Economy
Environment
Germany and Uzbekistan want to cooperate in the raw materials sector; Chancellor Scholz is traveling with German industry representatives; Projects by Aurubis, Siemens Energy and Knauf as examples; The goal is greater independence from imports from China and Russia.
Tagesspiegel
16. September 2024 um 11:22

"For the Benefit of the National Economies of Both Countries": Scholz Promotes Skilled Workers and Raw Materials for German Companies in Uzbekistan

Economy
Politics
Environment
Chancellor Scholz is promoting skilled workers and raw materials for German companies in Uzbekistan. The Eastern Committee of German Business emphasizes the importance of the region for renewable energy and motivated skilled workers. Scholz is responding to geopolitical changes due to the Ukraine war.
zeit
16. September 2024 um 11:08

Chancellor in Central Asia: Olaf Scholz wants to deepen economic relations with Kazakhstan

Politics
Economy
Environment
Kazakhstan partially compensates for the loss of Russian oil deliveries to the PCK refinery in Schwedt; Scholz and Tokayev want to deepen economic relations, expand relations to a strategic partnership.
Tagesspiegel
16. September 2024 um 11:03

"Interesting Future Markets": Central Asia Plays a Central Role in the Energy Transition

Central Asia offers valuable raw materials and skilled professionals that are important for Germany. In particular, Kazakhstan can play a role in the supply of green hydrogen. German technologies can also reduce energy intensity in Central Asia.
CW

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