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Selected Events 2006

Conference Highlights U.S. Investment in the East

Ambassador William R. Timken Jr.


Ambassador William R. Timken Jr.

July 11, 2006
Representatives from 40 U.S. companies accepted an invitation by Federal Minister and former Leipzig Lord Mayor Wolfgang Tiefensee to a Dresden conference aimed at boosting U.S. investments in the new Länder. In his remarks, Ambassador William R. Timken Jr. referred to the over 40,000 jobs currently offered by U.S. companies in the east as an important factor in German-American relations. He also pointed out, however, that “investors do not go where the U.S. is not wanted.” In order to improve the promotion of German business locations in the future, Tiefensee announced that the German marketing companies, the "Industrial Investment Council" (IIC) and "Invest in Germany", would be merged. The conference, which took place at AMD Corp., applauded U.S. economic engagement in Germany as a whole and the eastern states in particular.


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