Boric meets with the president of Bavaria, financial engine of Germany

The Chilean head of state, Gabriel Boric, met this Wednesday with the president of the federal state of Bavaria (south), Markus Söder, inside the framework of a European tour by which the Chilean delegation offers substantial relevance to this wealthy territory from southern Germany.

Within the assembly with Söder, Boric seeks to spotlight “the curiosity of Bavarian firms” in Chilean territory, along with highlighting “the nice relationship” between Chile and Bavaria, as indicated by the Presidency in a press release.

In what’s Boric’s first go to to Germany, a visit consisting of three days in German territory, the Chilean president started this Wednesday with a closed-door assembly with Söder, Bavarian president and chief of the conservative Christian Social Union (CSU) occasion.

Boric may even maintain different conferences and actions within the capital of Bavaria, which is likely one of the most populous federal states in Germany and an financial engine for Chancellor Olaf Scholz’s nation.

Relationship

Bavaria and Chile have lengthy maintained a very intense relationship since 5 years in the past the authorities of the Latin American nation determined to open a business consultant workplace.

If in 2024 5 years have handed because the opening of that workplace, Baviera has had an official Illustration of the State of Bavaria for South America in Chile for simply over a decade, which opened its doorways in 2013 within the capital of the Andean nation.

This Bavarian consultant workplace estimates that there are half a thousand firms on this federal state that do enterprise with Chilean corporations.

Of those Bavarian firms, nearly forty have a business headquarters in Chilean territory.

Extra figures

From the Ministry of Financial Affairs of Bavaria, they estimated the business relationship between this German federated state and Chile in 2022 at as much as 361.7 million euros, of which almost 300 million corresponded to imports to Chile of merchandise from this territory of the South German.

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Exports from Chile to Bavaria stood at 64.9 million euros, in line with these knowledge. That determine is the bottom in nearly 20 years.

In 2016, Chilean exports to Bavaria reached 123.2 million euros, and since then gross sales from Chile to Bavaria have remained beneath 100 million euros and the tempo has not stopped slowing down.

On this context, Boric’s go to to Bavaria comes inside the framework of a tour of Germany by which the thought is to relaunch the business relationship with Olaf Scholz’s nation, the biggest financial system in Europe and the third on the planet.

Munich / EFE

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2024-06-16 05:12:39

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