Quick points on Germany
Germany atm has two SLOCs access- one via Baltic sea connecting to Russia and another is the normal Suez Canal and the IOR connect.
For Germany, the challenge being its basket of trade is mostly from EU and in future its not enough for their economy. Chasing fora FTA with India is the top priority and securing similar deals with other south-east Asian countries serve well for diversifying their basket of trade and potentially growing into new economic growth from a slowing EU perspective.
Thus IOR plays a vital role here.
Germany is also looking at massive investment in this IOR corridor. Especially for building transport infrastructure and filling up the gaps. An example is Siemens trying for high-speed trains and development plank for transport infrastructure. The other being resource extraction and mining tech from nations having large coastlines. German technology is offered for such countries as in the case of Mauritius and Seychelles as an example.
Germany's core competency lies with machinery, railway, and electrical equipment. This is where it sees developing nations especially India and IR having huge potential. As an example, BIMSTEC and regional connectivity is one of their targeted place for such core competency deployment.
Germany atm has two SLOCs access- one via Baltic sea connecting to Russia and another is the normal Suez Canal and the IOR connect.
For Germany, the challenge being its basket of trade is mostly from EU and in future its not enough for their economy. Chasing fora FTA with India is the top priority and securing similar deals with other south-east Asian countries serve well for diversifying their basket of trade and potentially growing into new economic growth from a slowing EU perspective.
Thus IOR plays a vital role here.
Germany is also looking at massive investment in this IOR corridor. Especially for building transport infrastructure and filling up the gaps. An example is Siemens trying for high-speed trains and development plank for transport infrastructure. The other being resource extraction and mining tech from nations having large coastlines. German technology is offered for such countries as in the case of Mauritius and Seychelles as an example.
Germany's core competency lies with machinery, railway, and electrical equipment. This is where it sees developing nations especially India and IR having huge potential. As an example, BIMSTEC and regional connectivity is one of their targeted place for such core competency deployment.