Transatlantic Forum on GeoEconomics

The Atlantic Council and Atlantik-Brücke presented the Transatlantic Forum on GeoEconomics on September 22, 2023. The event follows the inaugural Forum held last year.

In the heart of Berlin, we convened economic and financial leaders from both sides of the Atlantic. At this year’s conference, we outlined a way forward on the use of tools of economic statecraft.

Transatlantic Forum on GeoEconomics im Axica Kongress- und Tagungszentrum. Berlin, 09/22/2023.
The G7 response to Russia’s invasion of Ukraine has shown us a new dimension of transatlantic economic coordination. The levers of sanctions, export controls, and asset freezes have been pulled to pursue foreign policy and national security objectives.

But the use of these tools has raised important questions. How can both the US and Europe avoid becoming economically dependent on adversarial powers without compromising growth or triggering more inflation? Which rules and best practices should form a new blueprint for economic statecraft? How has the West’s response to Putin’s aggression reshaped the contours of the role of the dollar and euro in the global economy?

At the Forum in Berlin, we launched new research on these challenges and brought together leaders from both the private and public sector to outline the next steps the US and Europe should take together.