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    German Chancellor affirms that "Chile is a desirable trading partner" and highlights the potential of green hydrogen

    January 30, 2023 - CE Noticias Financieras


      The German Chancellor, Olaf Scholz, said in a meeting with Chilean and German businessmen that "Chile continues to be a desired commercial partner" for Germany and highlighted the business opportunities in clean energies such as lithium and green hydrogen.

      Scholz indicated that "we must be concerned that all countries can take advantage of the benefits of trade relations" and that the development of green hydrogen could be an important factor in the future in the gas market.

      The authority highlighted the work that Chilean and German companies are already doing together in this area. He said that Germany imports a lot of gas and, given the supply restrictions from Russia, they are modifying their policy, where Chile appears as a great opportunity.

      He recalled that he spoke yesterday with President Gabriel Boric about mining. "Chile is right to bet on green mining, that is what the President told him and that is an opportunity for German companies", he stressed.

      Thus, he added that in the framework of renewable energies "Chile is blessed" and that Germany will continue to be an importer of green hydrogen and copper, "where Chile has the best conditions in the world".

      Scholz also said that thanks to the agreements signed by Chile, such as the modernization agreement with the European Union, "unlike nitrate, now it can be handled with fair trade conditions for all involved and thus not depend on a single raw material" thanks to the diversification of business in products such as rare earths, cobalt and lithium, where Germany is present today.


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