Investing.com -- German Finance Minister Lars Klingbeil and United States Treasury Secretary Scott Bessent engaged in a prolonged and constructive dialogue on the edges of the G7 finance ministers’ consultations in Canada, according to Reuters, citing a German source within the G7 circles. The meeting, which lasted longer than initially scheduled, was described as a private, open, and constructive exchange.
Klingbeil underscored the significance of robust transatlantic ties, particularly in the face of current geopolitical and economic hurdles. He stressed that existing trade disagreements with the U.S. should be settled promptly for the mutual benefit. These comments were made on Tuesday, prior to Klingbeil’s meeting with his counterparts from the other Group of Seven countries.
In his discussion with Bessent, Klingbeil also highlighted that the G7 must consistently support Ukraine. The two finance ministers have agreed to continue their conversations in Washington, with an invitation extended by Bessent to Klingbeil.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.