The current conflict surrounding Iran exacerbates uncertainty for the German economy – far beyond the region itself. Companies face questions about employee safety, along with indirect effects related to energy prices, supply chains, and political risks affecting investment decisions.
"The economic consequences of the Iran conflict cannot yet be fully foreseen for German companies – but the risks are clearly increasing," says DIHK President Peter Adrian. Negative impacts are particularly evident through rising oil and gas prices as well as anticipated new supply chain problems.
Around 1,800 German companies are active in the Gulf Cooperation Council (GCC) states – the United Arab Emirates, Saudi Arabia, Oman, Kuwait, Bahrain, and Qatar. For many companies, especially smaller and medium-sized businesses, this region is an important market and investment location. Accordingly, economic connections are very close.
In this dossier, we have compiled figures, facts, assessments, and practical information for companies, which we update continuously.
- Relevant in topic:
- International Trade and Market Access
- Key areas:
-
- Foreign Trade
Ansprechpartnerinnen
Elisabeth Strahl
Director Middle East and North Africa
Rima Trach
Director Global Activities AHK Boards and Network Culture
Louise Maizières
Director Hydrogen and International Energy Partnerships
Erik Pfeifer
Director Corporate Climate Protection
Julia Fellinger
Spokesperson
Julia Löffelholz
Spokesperson