The Riigikogu Economic Affairs Committee meets delegation of the Bundestag Committee on Economic Affairs

Delegation of the Economic Affairs Committee of the Riigikogu (Parliament of Estonia) meets with the delegation of the Committee on Economic Affairs of the German Bundestag today to discuss the economic and trade policy of the European internal market as well as energy policy.

Chairman of the Economic Affairs Committee Kristen Michal said that the impact of the war in Ukraine on energy supplies could not be overlooked when discussing economic relations. “The war in Ukraine showed that the green transition is also a security transition for Estonia. The aggressor must be isolated economically, and for us and for Europe, this means a lot of problems that need to be solved. At the meeting, we will focus on finding these solutions,” the Chairman pointed out.

Another important issue that will be discussed is the economic consequences of the coronavirus pandemic. “Before the war broke out, it was predicted that the European economy would experience a long-term and strong growth. Therefore, we now have to recover from two crises at the same time, the impact of which on different industries and businesses is very complex and depends on many factors, including the ability to adapt to supply chain disruptions and the availability of supplies,” Michal admitted.

The meeting will take place at 10.30 a.m. at the Riigikogu, and it will be attended by head of the Bundestag delegation Klaus-Peter Willsch and members of the Bundestag Bernd Westphal, Lena Werner, Maik Außendorf, Carl-Julius Cronenberg and Malte Kaufmann. From the Economic Affairs Committee of the Riigikogu, Chairman Kristen Michal, Deputy Chairman Sven Sester, and members Jüri Jaanson and Riho Breivel will participate in the meeting.

Source: Parliament of Estonia