Prime Minister Carney meets with Chancellor of Germany Friedrich Merz + Canada-Germany joint statement
Press Releases + Noah Note
Today, the Prime Minister, Mark Carney, met with the Chancellor of Germany, Friedrich Merz, on the margins of the 2026 NATO Summit in Ankara, Türkiye.
Canada and Germany have a robust bilateral relationship across commerce, defence, and energy. Germany is Canada’s largest trading partner in the European Union, with bilateral trade valued at over $34 billion. To create new partnerships between workers and businesses in both countries, the leaders announced the launch of negotiations toward a Canada-Germany Strategic Partnership Agreement (Partnership Agreement). The Partnership Agreement will bring together cooperation across key priorities – including security and defence, technology, investment, supply chains and raw materials, energy, and space – under one umbrella, with concrete projects and commitments, to shape and advance cooperation in the years to come.
Canada and Germany are focused on attracting investment, creating jobs, expanding businesses, and harnessing each other’s strengths to build.
The Prime Minister and the Chancellor invited their foreign ministers to advance negotiations, with the intention of finalising the Partnership Agreement before the end of the year.
Prime Minister Carney and Chancellor Merz agreed to remain in close contact.
“Today, the Prime Minister of Canada, Mark Carney, and the Chancellor of Germany, Friedrich Merz, announced the launch of negotiations towards a Canada-Germany Strategic Partnership Agreement (“Partnership Agreement”).
Canada and Germany benefit from a robust bilateral relationship, with established cooperation across a number of shared priorities.
The Partnership Agreement will serve as a flexible strategic framework through which Canada and Germany will shape and advance cooperation, and direct investment in key strategic industries, for years to come.
Amongst others, key areas of cooperation will include:
Security and Defence;
Technology, Artificial Intelligence and Space;
Supply Chains and Critical Minerals;
Energy; and
Investment.
The Prime Minister and Chancellor invited their Ministers of Foreign Affairs to advance negotiations, with the intention of finalising the Partnership Agreement before the end of the year.”
Noah Note: This strategic partnership is not new, however it is an area that I am watching like a hawk. There is significant chance that this agreement will lay the foundation for most CPSP investment, at least for the short and medium-term.
Taking note of its priorities, areas of interest, etc that pop up will be of grave importance. So rest assured that I will try my best to be a nosey boy amd get to the bottom of things as best I can! I expect that Munitions amd Space will be important avenues listed among here, along with Critical Minerals.
Munitions is one I am very much keeping a tight eye on.