Economic Security - A German perspective

Amid global insecurities such as the COVID-19 pandemic and geopolitical tensions, economic security has become increasingly important. This presentation will elaborate on Germany’s comprehensive approach to economic security which seeks to integrate national defense, economic autonomy, and resilience against threats with measures including, but not limited to, investments in the Bundeswehr and efforts to strengthen NATO and the EU. Economic security in Germany encompasses maintaining competitiveness and ensuring supply chain security within the EU framework. We will explore how Germany’s China strategy addresses economic interdependence, competition, and security concerns. Key policies include investment screening, energy security, and cybersecurity, while promoting stable international trade. Collaboration with global partners like Japan and within the EU aims to diversify supply chains, advance renewable energy, and enhance digital infrastructure security, ensuring Germany’s technological sovereignty and economic resilience.