The latest germany eyes london based agencies after brexit

After the UK's departure from the European Union (Brexit), Germany has been actively seeking to strengthen its ties with London-based agencies and companies. Here are some recent developments:

  1. Financial Services: Germany's Federal Ministry of Finance has been in talks with the UK's Financial Conduct Authority (FCA) to establish a framework for financial services cooperation. This includes discussions on equivalence decisions, which would allow German financial institutions to continue operating in the UK.
  2. Insurance: The German Insurance Association (GDV) has been working with the UK's Association of British Insurers (ABI) to ensure a smooth transition for insurance companies operating in both countries.
  3. Banking: Germany's Bundesbank has been in talks with the Bank of England to maintain financial stability and cooperation in the wake of Brexit.
  4. Trade: Germany's Federal Ministry of Economic Affairs and Energy has been working to strengthen trade ties with the UK, including negotiations on a new trade agreement. The two countries have a significant trade relationship, with Germany being the UK's largest trading partner in the EU.
  5. Investment: Germany's investment promotion agency, Invest in Germany, has been actively promoting Germany as a destination for UK investors, highlighting the country's business-friendly environment and skilled workforce.
  6. Startups: The German government has been supporting startups and scale-ups in their efforts to expand into the UK market, with initiatives such as the "Germany-UK Startup Bridge" program.
  7. Research and Innovation: Germany's Federal Ministry of Education and Research has been collaborating with the UK's Research Councils to maintain research cooperation and funding opportunities for scientists and researchers.
  8. Automotive: Germany's automotive industry, which is a significant sector in the country's economy, has been working to maintain trade and investment ties with the UK, including discussions on a new trade agreement.
  9. Logistics: Germany's logistics sector has been seeking to strengthen its ties with the UK, including discussions on customs cooperation and trade facilitation.
  10. Tourism: Germany's tourism industry has been promoting travel to Germany, highlighting the country's cultural and historical attractions, as well as its business-friendly environment.

These are just a few examples of the latest developments in Germany's efforts to strengthen its ties with London-based agencies and companies after Brexit.