Obama and Transatlantic Trade Investment Partnership

Transatlantic Trade Investment Partnership: Other planned topics include climate change, the Transatlantic Trade and Investment Partnership between the EU and US, commonly known as TTIP, and lessons learned from the most recent Ebola outbreak, as well as how to respond to other tropical diseases, according to Deutsche Welle. Merkel took Obama out for Bavarian food German Chancellor Angela Merkel and US President Barack Obama, the first foreign leader to arrive, kicked off the day by joining locals dressed in dirndl and lederhosen for a Bavarian show of beer, pretzels and oompah music in the nearby village of Krün. This year, G7 leaders planned to discuss a wide range of topics behind closed doors, including global trade, ensuring more sustainable supply chains, new Millennium Development Goals, international terrorism, and the civil wars and standoffs in the Middle East, Ukraine and the South China Sea. But before the camera teams zoomed in on Obama, Merkel and Bavarian dignitaries as they tore into the local delicacies, both leaders issued stark warnings to Russia over what the US president called Vladimir Putin "aggression" in Ukraine. Following the annexation of Crimea by Russia, the United States and EU also imposed sanctions on Russian individuals and businesses. At a press conference, EU Council President Donald Tusk, who is also attending the summit, said he wanted to "reconfirm G7 unity on sanctions policy." Russia, he said, would stay out of the G7 "community of values" as long as it "behaves aggressively with Ukraine and other countries." Russia joined the G7 nations in 1998, creating the Group of Eight, which became the Group of Seven again last year after the other leaders kicked the country out over its interference in Ukraine. (news.financializer.com). As reported in the news.

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