G7 Summit

Nein to Corporate Spying

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  • Why it matters

    Why it matters

    Corporate espionage activities could undermine the trans-Atlantic trade talks.

  • Facts

    Facts

    • The Group of Seven will meet on June 7 and 8 at Schloss Elmau in Bavaria.
    • Corporate espionage is not on the agenda.
    • A “no-spy” agreement does not exist between Germany and the United States.
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  • Audio

    Audio

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German business groups are pressing leaders of the G7, a governmental forum of seven major economies in the world, to agree not to conduct industrial espionage on each other.

“I would hope that it would be possible to set up a process for all G7 participants to clearly position themselves against industrial espionage and for an appropriate self-restraint,” Eric Schweitzer, the president of German Chamber of Commerce and Industry, the DIHK, told Tagesspiegel. “To restore trust, I believe the German government needs to make a clear statement about taking action against industrial espionage.”

Corporate spying is not formally on the agenda of the two-day G7 summit to take place over the weekend at Schloss Elmau, near Garmisch-Partenkirchen in southern Germany.

The government leaders of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States plan to discuss a range of other issues, including the conflict with the former G8 member Russia, the threat of Islamic terrorism, and the situation in Yemen. Chancellor Angela Merkel would also like to include the Ebola epidemic, while some discussion of the ongoing talks with Greece also seems unavoidable.

But business leaders at the very least hope the controversial subject of spying will be discussed on the sidelines.

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