Jochen Clausnitzer
Jochen Clausnitzer
affected business cartoon close educated effect executives german highly indication negative region relations row top trade
We have no indication that the cartoon row has had a negative effect on trade and business there. The top executives in the region are highly educated and have close relations with their German counterparts. They are not affected by the conflict.
business german gotten indication middle partners worse
We have no indication that business connections have gotten worse between German enterprises and their partners in the Middle East.
decline expect
For 2006, we expect a significant decline of exports.