Fireworks are viewed from Toki Messe where the G7 meeting of finance ministers and central bank governors is held, in Niigata, Japan, Friday, May 12, 2023. Fireworks are viewed from Toki Messe where the G7 meeting of finance ministers and central bank governors is held, in Niigata, Japan, Friday, May 12, 2023.
They also committed to collaborating to build more stable, diversified supply chains for developing clean energy sources and to “enhance economic resilience globally against various shocks.” The finance leaders’ talks laid the groundwork for a summit of G-7 leaders in Hiroshima next week that President Joe Biden is expected to attend despite a crisis over the U.S. debt ceiling that could result in a national default if it is not resolved in the coming weeks.
“The international community is facing a historic turning point, facing divisions and conflicts such as Russia’s invasion of Ukraine and Sudan,” Kishida said in a statement issued late Friday.