Federal Minister of Economics Katherina Reiche (CDU) and her Canadian colleague Mélanie Joly, Minister for Innovation, Science and Industry, have signed a declaration of intent for closer cooperation in the Automotive industry signed. The Federal Ministry of Economics explained that the aim is to work together on diversified and stable supply chains and to further accelerate the introduction of zero-emission and low-emission vehicles.
Both sides expressed their willingness to meet geopolitical challenges together and sustainably strengthen economic cooperation. The Canadian auto industry is closely linked to the US industry and is heavily affected by US President Donald Trump’s tariff policies. The USA is also the most important sales market for German industry.
According to the information, Berlin and Ottawa want to exchange ideas on the “sectoral development” of the auto industry in the future, promote bilateral automobile trade and jointly advance “battery and hydrogen mobility”. “A ‘Joint Automotive and Mobility Cooperation Group’ will be set up for implementation.”
