News from the Institute for International Trade

The G7-Summit delivered more than expected

Andreas Freytag, Professor and Chair of Economic Policy, Friedrich Schiller University and Peter Draper, Executive Director of the Institute for International Trade. Over 3 days at this year's G7 summit under the German presidency the heads of government of the United States (USA), Great Britain, France, Germany, Italy, Japan and Canada - met in a castle tucked away in the Bavarian Alps. They were joined by the President of the European Commission and, as guests, the heads of government of India, South Africa, Indonesia, Argentina and Senegal. President Zelensky was also present as a virtual guest. Their aim was to constructively address the major challenges facing the world today, not least the war in Ukraine.

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