The Luxembourg Chamber of Commerce announced today that its Chairman, Luc Frieden, has been elected the next President of Eurochambres, the Association of European Chambers of Commerce and Industry.
During Friday's General Assembley, Luc Frieden was elected President of Eurochambres for the 2022-23 term during today’s General Assembly. He will take over the role from the current Eurochambres President, Christoph Leitl, on 1 January 2022.
Luc Frieden has been Chairman of the Luxembourg Chamber of Commerce since 2019. He is a member of the board of directors of several companies and organisations and a practising lawyer. From 1998 to 2013, he served as Luxembourg's Minister of Justice and Minister of Finance. He was also a member of the Eurogroup and the Ecofin Council of Ministers and chaired the 2013 Annual Meetings of the World Bank and the International Monetary Fund (IMF). Mr Frieden has law degrees from the University of Paris 1 Sorbonne, the University of Cambridge and Harvard Law School.
Outgoing President Christoph Leitl expressed strong support for his successor, stating: “Luc Frieden will take over as Europe’s economic recovery begins to gather momentum, and Eurochambres has a vital role to play in working with the EU institutions to maintain this positive trajectory. Given Luc’s business acumen, political experience and international outlook, I am confident that the European chamber network will fulfil this responsibility to great effect".
Presenting his priorities to the members of Eurochambres, Luc Frieden said: “The post-pandemic recovery is a top priority for businesses and our chamber network. Restoring and deepening this single market will be a key element to reboot prosperity and resilience. Our stakeholder involvement in the policy debate will be essential to help businesses lead the twin green and digital transition and secure skills fit for the future”. Mr Frieden also highlighted the importance of the European Union’s trade agenda: “Eurochambres must actively promote free and fair international trade relations with the EU candidate countries, as well as with the major economic actors such as the United States, China and Russia”.