Make Kitco Your Homepage

Germany's Merkel to visit Biden at White House on July 15

Kitco News

U.S. President Joe Biden will host German Chancellor Angela Merkel in Washington on July 15 to affirm "the deep bilateral ties", White House Press Secretary Jen Psaki said on Friday.

The announcement was made on the first day of the Group of Seven summit in England. Biden has hosted two other world leaders since taking office, Japan and South Korea.

Psaki said Biden and Merkel "will discuss their commitment to close cooperation on a range of common challenges, including ending the COVID-19 pandemic, addressing the threat of climate change, and promoting economic prosperity and international security based on our shared democratic values."

A standoff over the completion of the $11 billion Nord Stream 2 pipeline piping Russian gas to Europe has strained ties at a time when Berlin and Washington are eager to rebuild relations after former U.S. President Donald Trump's term.

The United States waived sanctions last month on the company behind the pipeline, Russian state energy firm Gazprom, giving Berlin and Washington three more months to resolve the dispute.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.