Sectoral Dialogue

BERLIN (Own report) – The German government is firmly committed to promoting the German arms industry. According to a “strategy paper” recently adopted by the cabinet, the government is planning to “increase investments” in the development of “defense-related technologies.” It also wants to step up “political support” for German arms companies’ business activities, which – if necessary – could be extended to “third countries” non-members of the EU or NATO, and could explicitly include the export of combat hardware. Bilateral agreements should also be concluded with “partner countries” to enhance the “opportunities for German companies” in “large-scale foreign [arms] procurement projects,” according to the paper. These measures comply with the demands of German arms manufacturers, who, for quite some time, have been in “dialogue” with government representatives. One of the results of the “dialogue,” announced by Vice-Chancellor and Minister for the Economy Sigmar Gabriel (SPD) is the government’s support of defense contractors “to obtain access to the evolving markets of civilian security technologies” as well as, in their “cooperation efforts with developing and threshold countries.”

Continue reading

“Colossal Defeat” For Obama As Australia Joins China’s Regional Bank

Having attacked its “closest ally” UK for “constant accomodation” with China, we suspect President Obama will be greatly displeased at yet another close-ally’s decision to partner up with the Chinese-led Asian Infrastructure Investment Bank (AIIB). As The Australian reports, “make no mistake,” the decision by Australia’s Abbott government to sign on for negotiations to join China’s regional bank, foreshadowed by Tony Abbott at the weekend,  “represents a colossal defeat for the Obama administration’s incompetent, distracted, ham-fisted dip­lomacy in Asia.” Continue reading