Political relations are good and bilateral cooperation is harmonious and friendly.
Germany was the only Western country to provide substantial support for the country’s democratisation process in the early 1990s by seconding a constitutional expert and supplying technical assistance for elections. German interests in Seychelles are represented by an honorary consul in Victoria, whose main task is assisting German tourists.
Seychelles suffered a serious economic crisis in 2008, and has since implemented a successful reform programme with the help of the IMF. The country is making considerable progress on economic consolidation and in implementing its domestic political and economic reform agenda. The IMF and the World Bank give the country good marks for its efforts but regularly point to the susceptibility of the country’s economy to external shocks (e.g. the euro crisis).
German tourists as well as businesses active in the field of renewable energy form the backbone of direct economic exchange between Germany and Seychelles. Accounting for some 30 percent of gross domestic product, tourism remains the principal economic sector and creates the most jobs, along with the fishing industry. 350,000 international tourists visited Seychelles in 2017, setting a new record (2016: 305,000, 2015: 275,000). Some 56,000 Germans visited the country in 2018, making them the largest group of foreign visitors and – along with French, Italian and Russian tourists – one of the country’s principal sources of foreign currency.
Seychelles is successfully promoting the use of renewable energy: the country’s first environmentally friendly electricity has been produced by wind turbines since 2013. There are already some successful solar energy projects being conducted by German companies as part of the Federal Ministry for Economic Affairs and Energy’s Renewable Energy Export Initiative.
In 2017, bilateral trade was worth 30.9 million US dollars. Germany exported goods worth 16.6 million US dollars to Seychelles, mainly machinery, electrical and optical goods. German imports from Seychelles, mainly fish and fish products, amounted to 14.3 million US dollars.
On account of the country’s relatively high per capita income compared with sub-Saharan Africa (over USD 15,859 in 2017), Seychelles is not a partner country of German development cooperation. It does, however, have cooperation agreements with the IMF and the World Bank as well as the EU and the African Development Bank.
In September 2018, the Rombergpark Botanical Gardens in Dortmund signed an agreement with the Seychelles National Botanical Gardens on the exchange of scientists, experts and technical staff and on mutual assistance in the fields of horticulture, ecology, education, conservation of diversity and research. Work is also progressing on cooperation in the field of vocational training. The Ambassador assumed the patronage of an exhibition of works by the German artist Gabriele Schnitzenbaumer, who is partially based in Seychelles. Germany is viewed positively in Seychelles, and German products are held in high regard.
This text is intended as a source of basic information. It is regularly updated. No liability can be accepted for the accuracy or completeness of its Contents.