Greeting from Chancellor Schröder

The Chancellor of the Federal Republic of Germany

Message of Greetings on the occasion of the German American Executive Summit (GAES)
Washington, May 19 -20

German-American economic relations have a long and fine tradition. American businesses are the largest foreign investor in Germany; annual sales of their branches and subsidiaries amount to roughly 145 billion euros. Similarly, the United States of America continues to be the main investment country for German businesses and their most important export market outside the European Union. My government is committed to ensuring that these close and fruitful economic relations endure. In addition to expansion of the European markets, transatlantic ties are and will remain a crucial pillar of our economic policy. As the two largest trade nations, we must together meet our responsibility for securing more global growth and international stability.

In this spirit, I wish the participants of the German American Executive Summit fruitful discussions.

sgd.
Gerhard Schröder

May 2003

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