Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
OTTAWA, May 23 (Xinhua) — Finance ministers and central bank governors of the Group of Seven (G7) countries called for unity to address current global challenges on Thursday following their annual meeting in Banff, Canada.
According to a press release from the Department of Finance Canada, a communiqué was issued following the meeting, stressing the importance of G7 unity in the face of complex global challenges.
The meeting of finance ministers and central bank governors took place ahead of the June G7 summit in Kananaskis, Alberta, Canada. The participants had productive and frank discussions on the global economy, unsustainable global imbalances, development assistance and productivity, the press release said.
“Canada approaches this 50th meeting with clear priorities, such as stimulating growth and restoring stability to the global economy,” said Finance Minister Francois-Philippe Champagne.
The G7 is an informal grouping of major global economies designed to coordinate responses to global crises. It includes Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
The Group of Seven finance ministers and central bank governors meet annually to discuss key economic policy issues. –0–