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German finance minister and US treasury secretary Bessent met bilaterally, source says

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BANFF, Canada (Reuters) -German Finance Minister Lars Klingbeil met United States Treasury Secretary Scott Bessent on Wednesday for a bilateral conversation on the sidelines of the G7 finance ministers' consultations in Canada, a German source in G7 circles told Reuters. Both agreed to meet again in Washington, with Bessent inviting Klingbeil. Klingbeil emphasized the importance of close transatlantic relations, especially in light of current geopolitical and economic challenges, the German source said.
German Finance Minister Christian Lindner and U.S. Treasury Secretary Janet Yellen met in Washington to discuss global economic challenges, including the need for a coordinated approach to address inflation and support Ukraine amidst ongoing conflicts. They emphasized the importance of maintaining sanctions on Russia and discussed the potential economic impacts of the U.S. Inflation Reduction Act on European businesses. Both officials expressed a commitment to strengthening transatlantic economic ties and ensuring a stable global financial environment.

Read the Full Reuters Article at:
[ https://www.yahoo.com/news/german-finance-minister-us-treasury-152225019.html ]