Press Release: Vice-President Dombrovskis participates in G7 Finance Ministers’ meeting in Whistler, Canada

Valdis Dombrovskis, Vice-President for the Euro and Social Dialogue, also in charge of Financial Stability, Financial Services and Capital Markets Union, represents the European Commission at the G7 Finance Ministers and Central Bank Governors’ Meeting that takes place until 2 June in Whistler, Canada. The agenda includes discussions on the global economic outlook, emerging risks, women’s economic empowerment and mobilising capital for sustainable development. The gathering focuses on issues related technological change, such as cyber risks in the financial sector and crypto-assets. Referring to these working sessions, Vice-President Dombrovskis said: “I look forward to exchanging views with our strategic partners on the global economic outlook, as well as opportunities and emerging risks to global growth, such as trade disputes. This meeting takes place against the backdrop of the unilateral US decision to impose steel and aluminium tariffs on the EU and other jurisdictions. This move is at odds with our multilateral approach to problem-solving and global trade rules. It leaves the EU with no other choice but to respond.” The Vice-President will have a bilateral meeting with the Canadian Minister of Finance, Bill Morneau, and will also meet with the US Secretary of the Treasury, Steven Mnuchin. (For more information: Johannes Bahrke – Tel.: +32 229 58615; Annikky Lamp – Tel.: +32 229 56151)

Source: European Commission

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