Playing by the same rules
More than 90% of trade in goods across the world takes place by sea; the maritime economy is in global competition. Having the same rules for everyone at an international level is therefore of central importance. The German Maritime Centre is working to develop fair standards.
The success of a future-oriented trading nation depends on a strong maritime sector. However, when trade barriers such as (punitive) duties, import and export restrictions, and export subsidies impede the exchange of goods and services or state intervention unilaterally favours or discriminates against actors, this distorts international competition.
Location-specific factors such as the reliability of the legal system, infrastructure quality, wage costs and training levels likewise have a direct impact on the economic success of maritime-sector companies. And, what’s more, market participants can only invest in innovative technologies if they have access to financing.
The German Maritime Centre therefore regards competition as an important action priority. Among other things, it encompasses:
- Analysing regulations and regulatory-policy conditions, productivity factors and cost structures in an international context
- Developing proposals for standardising and simplifying bureaucratic requirements, for example, in planning and procurement procedures
- Supporting the further development of national, European and international standards, norms and regulations in the maritime sector
- Assisting the maritime industry in developing its own digital standards and skills
- Offering market monitoring in the fields of financing and technology promotion