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Merz, a German company, heads to the Gulf region in search of new partners

On Wednesday, German Chancellor Friedrich Merz started a tour to Saudi Arabia, Qatar and the United Arab Emirates to form energy and arms partnerships as Europe's largest and richest economy tries to reduce its dependence on the U.S.

Merz, at the beginning of his three-day visit, said that such alliances are needed more than ever in a world where politics is increasingly determined by the major powers. He added that the goal of these alliances is to preserve freedom, safety, and prosperity.

He added, "Our partners might not share the same interests and values but they all agree that we need a global order where we can trust agreements and respect each other."

The tour is part of an broader German initiative aimed at diversifying global alliances.

Merz said, "In a network like this, we can reduce our dependence on one another, minimize risks, and find new opportunities together to benefit us all."

Merz stated that he wished to see a deeper level of cooperation between the energy and arms sectors in the Gulf. He also said Berlin would be adopting a more relaxed approach towards exports. Last week, Germany's Economy Minister prepared the ground.

QATAR IS ALREADY ONE GERMANY’S LARGEST FOREIGN INVESTORS

After the murder of Saudi Arabian Journalist Jamal Khashoggi, in 2018, relations with Saudi Arabia began to deteriorate. Merz stated that while there had been some improvements in the human rights, more could be done. He would discuss this.

Gulf States, which have large sovereign wealth funds?, already play a significant role in Germany's economic development. Qatar is one the biggest foreign investors in Germany. It holds stakes in Volkswagen, RWE, and Hapag-Lloyd, among others.

Merz said that he would be addressing broader regional issues and calling for peace, stability, and cooperation including normalization with Israel.

Merz said that Israel would one day be included in the order and not rejected as a foreign entity.

Merz stated that he has three demands for?Iran: Tehran must stop violence against its people, end its nuclear military programme, and cease destabilizing activities throughout the region.

Germany is Israel's strongest European ally, but Gulf states have taken different approaches to Iran since the Gaza War. (Written by Madeline Chambers, edited by Bernadette B. Baum)

(source: Reuters)