FX.co ★ US and Germany team up to ensure global prosperity and security

On July 21, US President Joe Biden and German Chancellor Angela Merkel reportedly signed the Washington Declaration, thus affirming the United States and Germany’s commitment to close bilateral cooperation in promoting peace, security, and prosperity around the world.

The document states that mutually beneficial relations between the two countries are based on democratic principles and values which are enforced thanks to the appropriate institutions.

"Across the globe, all nations must be free to determine their political futures free from foreign interference, coercion, or domination by outside powers," the US and German representatives believe.

Both states stand for Europe that is "whole, free, and at peace" and share the belief that NATO is an important tool for security policy. They are ready to develop existing alliances and partnerships. In addition, the declaration pays special attention to supporting emerging technologies that ensure political and economic freedom.

Along with that, the United States and Germany have reached climate and energy agreements that should contribute to delivering on emission-reduction targets.