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Day one of the summit

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G7 discusses economic and foreign policy

G7 summit participants have met for talks at Schloss Elmau. First on the agenda were economic matters and trade. Before the working session the Chancellor rolled out the red carpet to welcome her guests to Schloss Elmau.

Family photo with G7 heads of state and government The G7 summit kicked off with the traditional family photoPhoto: Bundesregierung/Gottschalk

The heads of state and government from France, the United Kingdom, Italy, Japan, Canada and the United States of America have met with European Council President and European Commission President at Schloss Elmau for the G7 summit.

Growth and values

The first working session focused on traditional economic matters. Under the banner Growth and valuesthe participants discussed how leading economic nations can ensure sustainable growth in an ever more global world. They looked in particular at the better regulation and supervision of financial markets, and at ways of combating tax evasion and tax avoidance.

The G7 support the World Trade Organizations in its efforts to bring the Doha Round to as swift a conclusion as possible. But equally we must make rapid progress in ongoing negotiations on free trade agreements between G7 partners, the Chancellor wrote earlier in an article for the Frankfurter Allgemeine Zeitung on 3 June.

Trade policy and supply chains

During a second working session summit participants discussed trade policy and supply chains. As well as the transatlantic free trade agreements, TTIP and CETA, they discussed mandatory international standards in supply chains.

“I would like us, the G7, to set ourselves the goal of significantly reducing the number of industrial accidents in companies all the way along the supply chain, and taking steps to prevent accidents and enhance health and safety at work,” wrote the Chancellor in an article for the Frankfurter Allgemeine Zeitung on 3 June. Foreign and security policy are to be the main issues discussed over dinner.

Guests arrive in Upper Bavaria

On Saturday evening and Sunday morning the G7 participants flew into Munich Airport, where they were met by Bavarian Premier Horst Seehofer. A helicopter took them on to Schloss Elmau where Angela Merkel was waiting at the red carpet to welcome her guests.

Before their meeting, the heads of state and government and the two EU representatives met in front of the summit venue for the traditional group photo.

Sunday, 7. June 2015

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  • Published: 2 years ago on June 7, 2015
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  • Last Modified: June 7, 2015 @ 4:58 pm
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