The Canadian presidency established as priorities for this meeting ‘restore stability and growth’ and renew the support to Kiev
The G7 finance authorities began, on Thursday (22), in the final discussions to present a united front at the end of a three-day meeting, despite strong disagreements within the group on topics such as tariffs and a.
The Canadian presidency, who invited the Ukrainian Minister of Finance to send a “forceful message to the world”, established as priorities for this meeting “restore stability and growth” and renew support to. According to diplomatic sources, countries are working in a final statement that will be published on Thursday.
Another source involved in the negotiations said on Wednesday that some members were willing to abandon conversations if it generated a new source of tension with the. “The environment was positive and constructive,” said European Commissioner for Economic Affairs, Valdis Dombrovskis. Advances have been made on various topics, he said, especially with regard to imbalances in the world economy and the response to Russian aggression in Ukraine.
“We talk among friends and allies,” said France’s Finance Minister Eric Lombard. “We don’t agree in everything, but we talk about everything.” He celebrated “clear progress” in supporting Ukraine and the growing pressure on Moscow.
“Extended Hand”
On the last day of conversations in Banff, on the heart of the Canadian rock mountains, the finance ministers of the seven most advanced economies in the world – Canada, France, Germany, Italy, Japan, the United Kingdom and the United States – will focus on financial crime and artificial intelligence.
These subjects cause few conflicts compared to the numerous points of friction that have emerged since the return of the White House.
Although it has not been directly approached at the plenary session, the theme of tariffs is at the center of discussions, as all ministers highlighted after their meeting with Scott Bessent, United States Treasury Secretary.
“We must resolve the current commercial disputes as soon as possible, for the benefit of all,” German Finance Minister Lars Klingbeil said on Thursday.
“We extend our hand,” he added, stating that American tariffs threaten employment and growth on both sides of the Atlantic. Another priority is Ukraine, whose reconstruction was on the agenda of joint sessions.
The Ukrainian Minister of Finance, Sergii Marchenko, special guest of the Banff Meeting, asked for “more severe sanctions” against.
Next month, Canada will receive the G7 leaders summit, which will be held from June 15 to 17 and will be attended by US President Trump, as announced by the White House on Thursday.
*With information from AFP
Posted by Nátaly Tenório
