Last updated in November 2009
Political relations are friendly and unproblematic. Cooperation is mainly in the form of individual development cooperation and cultural projects and within the United Nations.
Bilateral economic relations with Barbados are not very significant, though the country does receive substantial income from Germany in the form of spending by German tourists. Barbados’s main exports to Germany are agricultural products.
A bilateral investment protection and promotion agreement has been in place since 2002. Cooperation and trade agreements exist solely within the framework of the agreements between the European Union and the so-called ACP (Africa, Caribbean, Pacific) states as well as between the EU and CARIFORUM (CARICOM member states plus the Dominican Republic). Barbados, like the entire region, is paying very close attention to further developments in trade with the EU in the light of the Economic Partnership Agreement (EPA) that was signed in October 2008.
In development cooperation Barbados is indirectly linked with the Federal Republic of Germany through agreements between Germany and the Caribbean Community (CARICOM), with cooperation focusing on HIV/AIDS prevention and renewable energy. In addition, Germany provides assistance through so-called microprojects across the region.
