NIIGATA, Japan : Finance leaders of the Group of Seven advanced economies agreed to create a scheme to diversify global supply chains that will"contribute to safeguarding energy security," according to a final draft of their communique seen by Reuters.
The G7 finance chiefs also called for the need to"remain vigilant, stay agile and flexible" in guiding policy amid heightened uncertainty about the global economic outlook, the draft showed.On banking-system woes, the draft communique said the financial system was"resilient" due to financial regulatory reforms implemented after the 2008 global financial crisis.
"We will address data, supervisory, and regulatory gaps in the banking system," the draft communique said. The G7 finance leaders, who gathered for a three-day meeting in the Japanese city of Niigata, will release the communique later on Saturday.
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DPM Lawrence Wong in Niigata, Japan, for G-7 meeting of finance chiefsNIIGATA, Japan – Singapore’s Finance Minister and Deputy Prime Minister Lawrence Wong will attend a meeting of finance chiefs and central bank governors from the Group of Seven (G-7) bloc of wealthy industrialised democracies in Niigata, where the Republic has been invited as an observer. Read more at straitstimes.com.
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China, Russia loom large over G-7 Finance Ministers Niigata meetingNIIGATA, Japan – The finance chiefs of the Group of Seven (G-7) bloc of wealthy industrialised nations will discuss on Friday ways to beef up resilience in supply chains, so that developing countries can wean off their reliance on China for critical products. Read more at straitstimes.com.
แหล่ง: STForeignDesk - 🏆 4. / 71 อ่านเพิ่มเติม »
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