Second commodities dialogue

 Second commodities dialogue of the Federal Economics Minister: "We need raw materials so that we do in Germany from top ideas top products in the future!"
Federal Brüderle with Rainer Ulrich Grillo, Chairman of the Commodity Committee at the Federation of German Industries (BDI), president of the trade association metals (WVM) and CEO of Grillo-Werke AG
Federal Brüderle with Rainer Ulrich Grillo, Chairman of the Commodity Committee on Federal Association of the German Industry (BDI), president of the trade association metals (WVM) and CEO of Grillo-Werke AG
© BMWi
Under the direction of the Federal Minister of Economics and Technology, Rainer Brüderle, was held today in Berlin, the second raw dialogue. Therein attended high-level representatives of associations, enterprises and trade unions. In addition to the Federal Ministry of Economics and the Foreign Office (AA) and the Ministry for Economic Cooperation and Development were (BMZ) represented.
Federal Minister Brüderle: "We need raw materials so that we do in Germany from leading ideas in the future leading products. The only way to remain value-added and jobs in the country. Take for example the electrical mobility, where Li is an important raw material for the batteries. However, there are increasing signs that a safe and well predictable supply of raw materials becomes an increasingly challenging. This, for example, the price jumps illustrate the iron ore. It is therefore right that we meet more than a month after the first commodity dialogue for the second time. We do not only clear how seriously we are the topic. Above all, we get as valuable input for the new commodity strategy that I intend to present in autumn. "

Results of today's commodity dialogue were:
    *
      New Commodity Partnerships: BMWi, BMZ and AA will be a joint bilateral commodity partnerships with developing countries. Brüderle be: "The aim must be a win-win situation. The partnerships to boost the developing countries, for example through the education and training of professionals. but of course you should also use the German economy."
    *
      German commodity Agency: The design considerations for a German agency for raw materials and the Federal Institute for Geosciences met with great acceptance. It provides for five modules: the establishment of a resource information system, a targeted service for the German economy, technical support for commodity support programs of the federal government, joint projects with industry in research and development, a stronger cooperation with raw material producing countries.
    *
      Financial markets and commodity trade: In order to secure the last to increase price volatility observed better, should further develop this industry and finance companies together the necessary hedging instruments. The development in the markets should continue to be monitored in order to detect failures early and appropriate intervention can be on competition. A state investment and commodity trading company rejects Federal Minister Brüderle off, however: "It would concern the state go far to corporate terrain."
    *
      Indigenous raw materials and recycling can help to secure raw material supply with. Brüderle: "Therefore, the use of indigenous raw material deposits in peer into account economic, environmental and social considerations be possible in future. I therefore welcome the intention of the EU Commission, the application of practice to examine the environmental and nature conservation rules. The framework for the recycling must be further improved and be used more as a secondary domestic raw materials. "
    *
      Foreign trade: In the area of foreign trade of the commodity has identified several dialog steps to secure additional supply of raw materials. Economics Ministry and the BDI are real opportunities to further development of the guarantee instrument of unbound Loans (UFK) and discuss issues of export credit insurance in order to make use of these instruments in the commodities sector more efficient. The foreign chambers of commerce and Germany Trade and Invest (GTAI) should continue to devote even more than before commodity issues, including counseling, market research and information. In addition, the BMWi will continue to work vigorously for the removal of trade distortions on international commodity markets - in a bilateral dialogue with resource-rich countries and, together with partners in the EU.
Federal Minister Brüderle: "We all recognize that we come to a successful new commodity strategy only if all pull together - businesses, associations, trade unions and the various ministries. Especially in the massively attractive global competition for raw materials, we have the German and European integrate commodity wise policy. After all, even in the raw material for me: we need to keep government regulators and corporate responsibility cleanly apart. "