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G7 Summit Opens With Talks On Economy And Trade

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Open Eyes Opinion {source: DEgov}

G7 Summit Germany


G7 discusses economic and foreign policy

The G7 has advised at the beginning of their Summit on Economy and Trade. Even the FTA TTIP was subject. “We want to have completed the major milestones by the end of the year,” said Chancellor Angela Merkel after the talks.

Family photo of the heads of state of the G7.

At the start of the summit: traditional family photo of G-7 participants. Photo: Federal Government / Gottschalk

The leaders of France, Britain, Italy, Japan, Canada and the USA and the EU Council President and the EU are in -Kommissionspräsident Schloss Elmau for G7 summit met.

Growth and values

In the first working session were classic economic issues in focus. Under the heading “Growth and values”, the participants talked about how the leading economic nations can ensure sustainable growth in an increasingly global expectant world. It focused in particular on better regulation and supervision of financial markets, combating tax evasion and tax avoidance. Other aspects such as health, women’s participation in economic activity and climate change played a role.

Trade policies and supply chains

In a second session, the summit participants involved in trade policy and supply chains. In addition to the trans-Atlantic free trade agreement as TTIP and CETA she also talked about international binding standards in supply chains.

To TTIP Merkel said then in an interview with the ARD -Sendung “report from Berlin” that will worked with high pressure. She recalled how quickly already get on the Pacific free trade agreement with Japan. “When it comes to more jobs, then Europe should not disregard stand, but do everything to make it precedes. We can do this and we aim to complete the major milestones by the end of the year.”

Merkel: Russia against common values

The foreign and security policy is at a dinner at the center. It’s also about preventing the nuclear program in Iran and ending the civil war in Syria. Issues where Russia must be partners, according to Merkel.

The Chancellor holds a return of Russia to the group of G8 , however, currently not possible. In the ARD she said that the G7 -Staaten had agreed therein. With the annexation of the Crimea to Russia would put against the common values. “There is a barrier at the moment when I do not see that this can be overcome very quickly,” said the Chancellor.

Open to opposing opinions

In an interview with ZDF Merkel praised the beauty of the venue Elmau: “Germany must also present a bit of its beautiful site and I am delighted that we have here this environment,” said Merkel. With the choice of the place it was also important to show itself as an open country. “At the same time Germany is as a country that accepts demonstrations, which also accepts opponent events as long as no force is used. And I’m proud of,” said Merkel.

Arrival of guests in Upper Bavaria

On Saturday evening and Sunday morning were the G7 -Teilnehmer arrived at Munich Airport.There they were greeted by the Bavarian Prime Minister Horst Seehofer.

Then flew G7 -Teilnehmer by helicopter to Schloss Elmau, where Chancellor Angela Merkel greeted her guests on the red carpet.



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