President Ueli Maurer meets G20 finance ministers in Fukuoka and Japan's Prime Minister Shinzō Abe in Tokyo
Bern, 05.06.2019 - President Ueli Maurer will take part in the meeting of G20 finance ministers and central bank governors under the Japanese G20 presidency in Fukuoka on 8 and 9 June 2019. Swiss National Bank Chairman Thomas Jordan will accompany him. Risks for the global economy and international tax and financial issues will be discussed at the meeting. President Ueli Maurer will also conduct bilateral talks on the fringes of the meeting with finance ministers from other countries. On 10 June, he will meet Japan's Prime Minister Shinzō Abe in Tokyo.
Important topics at the G20 meeting of finance ministers and central bank governors will be the prospects and risks for the global economy, international tax and financial market issues, as well as development and infrastructure financing.
Switzerland is actively committed to sustainable financing and sound economic framework conditions. It welcomes Japan's priorities on quality infrastructure, in-depth analysis of fragmentation in the financial system, ageing, universal health care and precautions against natural disasters. In the taxation of the digital economy, Switzerland is committed to a multilateral approach and a consensus-based solution. Profits are to be taxed where value is created.
At Japan's invitation, Switzerland will take part in the 2019 meetings of the G20 finance ministers and central bank governors, as well as in the deputies' preparatory meetings and in the working groups dealing with financial and monetary issues. A first meeting at ministerial level took place at the IMF meeting in Washington in April. In October, another meeting of the G20 finance ministers will take place on the fringes of the annual meetings of the Bretton Woods Institutions.
Switzerland's participation in the G20 Finance Track highlights its good relations with Japan as well as its significance in the international economic and monetary system. Switzerland is actively involved in the discussions both at the technical and ministerial levels.
At the meeting between President Maurer and Prime Minister Abe in Tokyo, economic and financial policy issues will also be a focal point. Among other things, the modernisation of the free trade agreement between Switzerland and Japan will be discussed. With a view to the Japanese presidency of the G20, the global financial and trade architecture and other international issues are particularly on the agenda. There are also plans for an exchange on digital change, internet governance and cyber risks.
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