Quotes by President von der Leyen on economic resilience and economic security:
I am grateful to Japan for putting economic security and economic resilience high on the G7 agenda. Japan has been the front-runner on this important but relatively new topic. We can all learn a lot from the Japanese experience.
We want a free and fair international order.
But we have to be aware of the risk of weaponization of interdependencies.
Next month, the European Commission will propose a stand-alone Economic Security strategy. It will be proportional and precise dealing with new risks to our economic security.
We should stay coordinated, as fragmentation is costly and we need predictability for our businesses. That's why our common response is de-risking not decoupling.
I very much welcome the G7 communique on Economic Security. It underlines our willingness to develop safeguards and targeted instruments together. We want to remain coordinated to reduce economic risks.
Thus I welcome the establishment of the Coordination Plattform on Economic Coercion. It is a strong new commitment.
