German Economics Minister Sigmar Gabriel (left) with the Swedish Minister for Enterprise and Innovation, Mikael Damberg (right); source: BMWi/Susanne Eriksson

German Economics Minister Sigmar Gabriel (left) with the Swedish Minister for Enterprise and Innovation, Mikael Damberg (right)

© BMWi/Susanne Eriksson

As part of the official visit of His Majesty King Carl XVI Gustaf of Sweden and Her Majesty Queen Silvia of Sweden, Federal Minister for Economic Affairs and Energy Sigmar Gabriel today received his Swedish colleague Mikael Damberg, Minister for Enterprise and Innovation, for a meeting at the Federal Ministry for Economic Affairs and Energy.

The ministers praised the excellent bilateral relations between the two countries and pointed out that these were guided by their common interests in the areas of innovation and competitiveness in both the EU and the rest of the world. The main focus of the meeting was therefore on innovation and co-operation. When discussing the digitisation of the automobile industry, they talked about the innovative structures currently in place in Germany and Sweden. The ministers agreed to look at what areas may hold opportunities to work together in order to better meet the common global challenges in the future.

After the meeting, Federal Minister Gabriel held a speech at the ‘The New Digital Infrastructure and the Digitisation of the Economy’ seminar which took place in the Swedish embassy and was also attended by His Majesty King Carl XVI Gustaf of Sweden.

In 2015, Sweden’s most important trading partner was once again Germany. Some 10.3 per cent of Sweden’s exports went to Germany, while 18 per cent of Sweden’s imports came from Germany. Germany’s imports from Sweden grew to about € 14.1 billion and exports to Sweden to approx. € 23.1 billion.