Economic Diplomacy

Vienna and Prague: A New Economic Giant in the Heart of Europe

The capitals of Austria and Czechia are committed to drastically intensifying their cooperation. The goal: to create a Central European economic area that can compete with the world's major metropolitan regions.

March 2, 2026

"Continent of Opportunity": Austria Plans New Strategic Partnership with Africa

Austria's Foreign Minister Beate Meinl-Reisinger (NEOS) is pushing for a reorientation of Austrian foreign policy. With a comprehensive “Africa strategy,” the federal government wants to win over the rapidly growing continent not only as a recipient of development aid, but also as an equal economic and security partner.

January 21, 2026

Croatian Businesses Showcase Their Activities at Schönbrunn Palace

The Croatian Economy Day took place in the imperial setting of the Gloriette in Schönbrunn Palace Park. Over 200 guests took the opportunity to engage in direct dialogue with around 40 Croatian companies. The event, organized by the representative office of the Croatian Chamber of Commerce (HGK) in Vienna, once again underscored the close and growing economic partnership between Austria and Croatia.

October 6, 2025

Austria Focuses on “Continent of Opportunity” with National Africa Strategy

The federal government has given the green light in the Council of Ministers for the development of a comprehensive, nationwide Austrian Africa strategy. The strategy aims to raise relations with the African continent in the areas of economy, security, migration, education, and culture to a new, structured level.

October 2, 2025

WIFO Chief Calls for Tougher Stance in Tariff Dispute with the U.S.

In the ongoing tariff dispute between the European Union and the United States of America, Gabriel Felbermayr, Director of the Austrian Institute of Economic Research (WIFO), advocates a reorientation of the European negotiating strategy.

August 28, 2025
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