By US President Joe Biden will meet the German Chancellor Olaf Scholz on March 3. This is the first visit of the German chancellor to the White House, one year after the Russian invasion of Ukraine, as announced today by the press representative of the White House, Karin Jean – Pierre.
As stated by Jean-Pierre “the chancellor’s visit is one opportunity to reaffirm the deep bonds of friendship between the US and our NATO ally, Germany». She added that in their upcoming meeting, the two leaders will discuss ongoing efforts to support Ukraine, the economic burden on Russia through sanctions and export controls, and strengthening transatlantic security.
In addition, Joe Biden and Olaf Solz they will also discuss about continued cooperation on a range of regional and global security issues, including cooperation on the common challenges posed by China and their cooperation in the Indo-Pacific region, as Jean-Pierre highlighted.
According to information from Reuters, which is broadcast by the Athens News Agency, the agenda of the meeting between the two men is expected to include the ongoing dispute between Germany and other European countries with the US regarding the green investment sector.
The administration of President Joe Biden, under the US Act on reducing inflation (Inflation Reduction Act, IRA), will provide multi-billion dollar subsidies and grants to various green technologiesfrom electric cars to solar panels, provided they are produced in the USA.
However, the governments of EU member states are concerned that the IRA will not only mean that European manufacturers will be faced with an unfair competitive disadvantage, but also that it will transfer to America investments that would have been made in Europe.
Trade issues are finally addressed from Brussels on behalf of European Union members, and a working group of officials from both sides continues to meet regularly on the issue.
THE Soltz last week he stated that wants to further deepen economic ties with the US, but said Washington must scrap rules that put European companies at a disadvantage compared to companies from Canada and Mexico, for example.
Finally, German Chancellor Olaf Scholz is expected to meet with her American Vice President, Kamala Harris, at the Munich Security Conference this week.
Source: News Beast
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