Economy in distress: BGA President Jandura calls for quick action!

In Berlin, Dr. Dirk Jandura, President of the BGA (Federal Association of Wholesale, Foreign Trade, Services), called for a comprehensive strategy from the new federal government to address global crises. He emphasized the urgency of making quick decisions, especially before the appointment of the new Chancellor and ministers verbandsbuero.de reported. Jandura pointed out that Donald Trump's decisions have changed global trade flows and relationships, which also have consequences for Germany. A plan for dealing with the USA, Germany's largest trading partner, is particularly important.

The President of the BGA demanded that Germany should strive for a leadership role within the EU and focus on pragmatic free trade agreements. The domestic market also plays an important role; Economic success could strengthen Germany's position. The necessary measures include planning, investments in digitalization and infrastructure, the reduction of bureaucracy and tax relief to help medium-sized businesses in challenging times.

Growth through freedom in trade

As part of the BGA's Entrepreneur Day in Berlin, which was attended by around 400 guests, including Chancellor Olaf Scholz, Vice Chancellor Robert Habeck and Finance Minister Christian Lindner, Jandura reiterated the need for less regulation and more freedom for wholesalers and foreign traders. The BGA is celebrating its 75th anniversary this year. Jandura highlighted the importance of trade for the German economy and criticized the existing reporting requirements and the outdated infrastructure, which endanger the EU's competitiveness.

Chancellor Olaf Scholz praised the BGA and underlined the importance of medium-sized trading companies. Vice Chancellor Robert Habeck also emphasized the key role of wholesale and foreign trade for resilient supply chains and the adaptability of the industry. Finance Minister Christian Lindner pointed out the importance of medium-sized businesses for Germany's economic success and called for structural reforms. The BGA represents around 139,000 companies from the wholesale, foreign trade and B2B service sectors, which generate 1.7 trillion euros annually and employ around two million people bga.de reported.