Call for diversification in bolstering supply chains


German Chancellor Olaf Scholz speaks during the G20 leaders summit in Nusa Dua, Bali, Indonesia, Tuesday, Nov. 15, 2022. Dita Alangkara/Pool via REUTERS

SINGAPORE: Germany is keen on strengthening its economic ties with the Asia-Pacific region, said German chancellor Olaf Scholz in his opening address at the 17th edition of the Asia-Pacific Conference of German Business (APK) held here on Monday.

Scholz noted that the consequences of the Russia-Ukraine war – hunger, energy shortages and inflation – were global despite the fact that the conflict might be far away geographically.

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