“I want to thank Italy for its leadership in urging” the G20 countries to step up “preparedness for the pandemics” that may come in the near future. This was underlined by the US Treasury Secretary, Janet Yellen, meeting the press on the last day of the G20 Finance in Venice. For the former Fed president “we know that this will not be the last health crisis” of our time and he reminds that the “G20 should find an agreement on funding” that is needed for a system capable of “preventing, identifying and responding to the next pandemics “.
“I have known Mario Draghi for many years and I admire him for his work and his leadership”, says Yellen, also expressing “thanks to Minister Daniele Franco and Governor Ignazio Visco” for the organization of the summit and the work he has done. led to the comprehensive taxation agreement.
As for the agreement reached at the G20, “it puts an end to a chaotic sum of unilateral measures” on the taxation of digital businesses “and will provide certainties” to businesses that “instead of asking who offers the lowest rates, they will ask countries to compete on fundamentals. economics, workers’ skills, the ability to innovate and legal systems “.
While on the US front, “President Biden explained that he wants to see America again on the world stage and now we understand why: returning makes America better, together we can solve problems that we cannot solve alone, and not just on taxation. “, Yellen points out.