Minister of Economics Reiche in Paris: New Ways for Europe!

Minister of Economics Reiche in Paris: New Ways for Europe!

Paris, Frankreich - on June 3 and 4, 2025, Federal Minister Katherina Reiche travels to Paris to see her inaugural visit to the French counterparts, Economics and Finance Minister éric Lombard as well as Minister of Industry and Energy Marc Ferracci. The aim of the talks is bilateral cooperation in economic and energy policy as well as the strengthening of European policy cooperation. In addition, the strengthening of EU competitiveness and current challenges of international trade policy are on the agenda. This information was made by BMWK reported.

A central component of the visit are participation in the OECD Minister Council and the G7 Minister of Trade Ministers. The OECD Minister Council, the highest committee of the organization, meets with Costa Rica. The G7 Ministers of Handels will take place at the invitation of Canada, which holds the G7 Presidency. In addition to the support of the rule -based trade, measures to remedy trade policy conflicts are discussed in the ministerial meetings.

topics of the talks

In the talks, the persistent effects of Russian attack on Ukraine are also discussed. The G7 recently passed a declaration of final declaration in which it condemned the attack that leads to increasing energy prices and food bottlenecks. The support and solidarity for Ukraine remains according to a statement by Federal Government Unbroken.

Federal Minister of Economics Robert Habeck emphasizes the willingness to use various instruments to support Ukraine. An international reconstruction conference for Ukraine was also announced for October 25th. The G7 appeal for reforming world trade focuses on the need for a functioning dispute settlement in the world trade organization until 2024 and a strong focus on stability and sustainability of global supply chains.

demands for more measures

The signing countries also ask the G7 to use the existing upper oil price limit and impose additional sanctions against Russia's shadow fleet. In addition, the risks that arise from the use of old ships in this fleet for the environment and maritime security are pointed out.

Overall, the visit of Katherina Reiche should help strengthen the G7 trade policy and to discuss geopolitics comprehensively with regard to the latest developments.