German Healthcare Export Group e.V. / GHE e.V.

Trend setting Foreign Trade Day in Berlin: Medical technology and Life Science on the road to success

Minister of Foreign Affairs, Cornelia Pieper
The event centered on the competence, the development and the importance of networks of high- tech small and medium-sized businesses. The event highlighted the economic as well as the rising political interest in the exporting and trend setting industry sectors, Medical technology and Life Science. The Minister of State at the Federal Foreign Office Cornelia Pieper, and the State Secretary at the German Federal Ministry of Health Stefan Kapferer, confirmed their willingness to actively support the export activities of these future- oriented industries.

During the Trade meeting in Berlin, three different country forums took place. The forums on areas with the largest economic growth potential were moderated by the ambassadors and regional representatives for the Ministry of Foreign Affairs, Graf von Waldersee as well as Dr. Nunn and the Chief Executive of Germany Trade and Invest, Dr. Jürgen Friedrich. Besides the growth markets Latin America and Brazil, the experts went into greater detail about the two emerging economic powers China and India and also made the Arabic region a focus.

All experts emphasized that these emerging markets will continue to gain importance. This is why high-tech small and medium-sized businesses also increasingly orient themselves toward these International markets.

At the end, the forums point out further economical aspects: Since export plays an increasingly important role in Germany’s Foreign Trade, companies believe there is still a definite need for improvement in the areas of financing to achieve intermediate and long-term successes on the multifaceted International markets. Renowned experts presented early recommendations on this issue. The Federal Government’s tools for example via export credit guarantees (Hermes cover), by accepting bail or Federal Government guarantees, can facilitate individually tailored coverage from export risks. At first the Federal Government’s networks help in establishing initial contact, and are available as a contact for industry issues.

Redaktion GHE