The President of the European Commission, Ursula von der Leyen, stated this Tuesday that the "top priority" of the European Union is to quickly establish relations with the new administration of the United States to seek common interests and negotiate,

European Commission President Ursula von der Leyen warned on Tuesday of the risk of a 'global race to the bottom' using economic tools such as sanctions, export controls and tariffs. Speaking at the World Economic Forum's annual meeting a day after the inauguration of U.

Von der Leyen’s announcement followed on the heels of a positive visit to Belgium by Indian Commerce Minister Piyush Goyal, during which he met European Trade Commissioner Maroš Šefčovič. The next round of talks on a free-trade agreement has been set for March 10-14 in Brussels.

“The world is moving faster than ever towards clean energy. Last year alone, global spending on clean energy hit a record of $2 trillion. For every dollar invested in fossil fuels, you had $2 invested in renewable energy. And the power sector clean energy investments outnumber fossil fuel by 10 to 1,” said von der Leyen.

Ursula von der Leyen, President of the European Commission, speaks at the Annual Meeting of World Economic Forum in Davos, Switzerland