In July, G20 finance ministers have reached an agreement in principle on a global, consensus-based solution to reform the current “World Tax Order” for corporate profits. A clarification of outstanding details is still pending. When it comes to implementation, legal certainty, clear rules and the...

Early June 2021, BDI, Confindustria and Medef presented their joint call for European energy and climate innovation leadership in Brussels. "There is only one answer to the challenging energy and climate transformation: innovation," urged Holger Lösch, BDI Member of the Executive Board. "Every...

Hardly any country has shaped the multilateral trading system as much as the United States. With his “America First” policy, however, the 45th U.S. President Donald Trump undermined international trade rules - at considerable cost also to the United States and its allies. Will everything be better...

For the European Union (EU), international trade and investment under fair conditions are a requirement for securing growth, sustainability and jobs. Therefore, the EU needs an effective and balanced toolbox to create a level playing field worldwide.

The G7 summit took place from 10-12 June in Cornwall under the British presidency with the motto “build back better.” The G7 did pick up on several B7 recommendations, including on strengthening the WHO and data free flow with trust. However, there were several areas in which German industry would...

In mid-February 2021, EU Trade Commissioner Valdis Dombrovskis presented the European Commission's new trade strategy, which places a strong focus on environmental and climate protection as well as on the enforcement of own interests. The BDI warns against overloading the trade agenda with too high...

The EU is in danger of falling behind in the global economy. International economic organisations expect the EU to grow by just over four percent this year, while the USA is projected to grow by over six percent and China by more than eight percent. Amidst the severe economic crisis, the EU’s...