Von der Leyen on relations with Trump. "Era of sharp competition"

During 55th planet economical Forum in Swiss Davos She spoke Head of the European Commission. Ursula von der Leyen pointed out that EU-US cooperation benefits both parties.

– 2 thirds of all U.S. assets abroad are in Europe “The trade between us has value,” she explained EUR 1.5 trillionwhat constitutes 30 percent of global exchange‘and ‘the bet is advanced for both parties’.

The U.S. made a Paris agreement. Ursula von der Leyen warns

Von der Leyen besides talked about goals in relations with Washington. "Our precedence will be discussing common interests and the readiness to negotiate. We'll be pragmatic, but we will always stand by our principles, defend our interests and keep our values," she said.

SEE: Donald Trump was talking about plans. Hillary Clinton couldn't halt the laughter.

She besides raised the issue of climate Paris Agreement signed in 2015, from which, immediately after the oath, Donald Trump He withdrew his country. "The coming years will be crucial not only for Europe. All continents will gotta accelerate the transition to zero net issuance and deal with the expanding burden of climate change – she warned.

As the EC chief recalled, “2025 means 50 years of diplomatic relations our Union with China". – I see it as an chance to engage and deepen our relationship, and if possible – even to grow our relation trade and investment links She said.

EC Head: It is in no one's interest to break ties in the global economy

Von der Leyen found that global order based on cooperation, which was believed 25 years ago, "has not become a reality". – alternatively we entered a fresh an era of acute geostrategic competition. The main economies of the planet compete for access to natural materials, fresh technologies and global trade routes," she said.

SEE: Trump's key words at the inauguration. Magierowski: It will hit Russia

She noted that “as this competition escalates, we will be seeing more and more use economical toolssuch as sanctions, export control and duties‘. However, she warned that specified a competition would not become a bottom run, for all planet actors. - It's not in anyone's interest. Breaking ties in the planet economy She stressed.

As she announced, next week the EC will present road map, concerning the implementation of the recommendations of the erstwhile Head of the European Central Bank The president of the ECBwho warned against the agony of the European economy. In her opinion, this plan will indicate the directions of work for the next 5 years. – Focus on expanding productivity by closing innovation gap – she said.

The EU wants to lower prices. Von der Leyen with renewable sources

According to von der Leyen, the strategy for Green competitiveness which the EC will present in February, will aim to overcoming skills and labour shortages and restrictions on bureaucracy. – This is simply a strategy that aims to accelerate growth (...). All Europeans will benefit from technological change – she declared.

As she stressed, 1 of the reasons the failure of competitiveness is advanced energy prices, what binds with a cut off from Russian gas. The goal will be to lower them.

– We must not only diversify our energy supply and grow production from renewable sources, and in any countries besides from Nuclear power. We must besides invest in clean energy technologies of the next generation, specified as fusion, improved geothermal energy and batteries with solid electrolytes," she said.

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