President Biden will host German Chancellor Angela Merkel on the White Home on July 15, press secretary Jen Psaki introduced Friday.
Why it issues: The announcement comes as Biden is on his first abroad journey as president, which he’s utilizing to try to reinvigorate ties between the U.S. and European allies that had been strained below former President Trump. He’ll meet Merkel in particular person on the G7 summit on Friday.
Get market information worthy of your time with Axios Markets. Subscribe for free.
Context: Merkel, who’s in her final yr as chancellor, would be the third overseas chief to fulfill with Biden on the White Home since he took workplace, following visits from Japanese Prime Minister Yoshihide Suga and South Korean President Moon Jae-in.
German federal elections to pick out the following Bundestag, and subsequently the following chancellor, are anticipated to be held on Sept. 26.
Merkel will step down after 16 years as chancellor of Germany, a remarkably secure tenure.
The large image: The U.S. and Germany have disagreed on key objectives all through Biden’s time period up to now, particularly on presenting a united entrance in opposition to China and Russia.
Merkel desires to strengthen European monetary connections with the Chinese language. She has been essentially the most outstanding European voice advocating for an EU-China funding deal, regardless of Beijing’s human rights abuses and sanctioning of European lawmakers.
Germany additionally is set to develop economically nearer to Russia by finishing the Nord Stream 2 pure fuel pipeline between the 2 nations. Biden dropped sanctions in opposition to the company entity and CEO overseeing the development of the pipeline, citing the need to restore relations with Germany and the problem of halting the practically accomplished pipeline.
Germany additionally opposed the Biden administration’s help for a proposal to waive certain patent protections for coronavirus vaccines, saying doing so would create “extreme problems” for vaccine manufacturing.
What they’re saying: “Chancellor Merkel’s go to will affirm the deep bilateral ties between america and Germany,” Psaki stated in a press release.
“The leaders will focus on their dedication to shut cooperation on a spread of widespread challenges, together with ending the COVID-19 pandemic, addressing the specter of local weather change, and selling financial prosperity and worldwide safety primarily based on our shared democratic values,” She added.
Extra from Axios: Signal as much as get the newest market traits with Axios Markets. Subscribe for free