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Home International Customs Germany

France, Germany to boost technology cooperation

byCustoms Today Report
01/04/2015
in Germany
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PARIS: France and Germany have agreed to strengthen their cooperation in several future-oriented technology development initiatives, including both civilian and military projects ranging from e-mobility to satellites.

Following a ministerial meeting in Berlin, France and Germany announced they would intensify cooperation in crucial industries, with a view to boosting employment and growth.

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Ministers of both nations agreed on a list of nine joint investment programs related to smart energy grids, the broader use of renewables, e-mobility and digitalization. French President Francois Hollande and his host, German Chancellor Angela Merkel, said the investment initiative would take into consideration the interests of small and medium-sized companies in both nations.

The two leaders agreed that investments in pivotal industries could prove a powerful tool to help struggling eurozone economies get on their feet again.

Tags: technology

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