Attacks on ships in Asia also threaten free trade routes, which is why Germany is seeking to expand international cooperation to combat piracy. A further project set out in the Federal Government’s policy guidelines for the Indo-Pacific, which were adopted in the autumn, is thus being realised.
The German-Russian Year of Economy and Sustainable Development 2020‑2022 was officially launched on 11 December. Since 2014, German-Russian Years have been an integral part of cooperation with Russia and a key component of intersocietal cooperation.
The Federal Government and German industry have launched a number of initiatives to implement the National Action Plan for Business and Human Rights. These initiatives form part of a global process to ensure human rights due diligence.
The functionality of social dialogue has a major impact on the economy. Within the framework of Germany’s Presidency of the Council of the EU, a new review has been drawn up which highlights the considerable differences among the EU member states which continue to exist.
Within the scope of a monitoring process carried out between 2018 and 2020, the Federal Government reviewed the extent to which companies based in Germany with more than 500 employees are meeting their due diligence obligations enshrined in the NAP.
On 7 July 2020, Minister of State Niels Annen will host a virtual conference to mark the start of an initiative to improve implementation of the UN Guiding Principles on Business and Human Rights. The goal is to further improve respect for human rights in supply chains.