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Laura Sunderland
Senior Researcher, G8 Research Group
April 10, 2007
See also G8 Leaders Prospective Agenda
This prospective agenda for the 2007 G7/8 Finance Ministers Meetings is compiled by the G8 Research Group from public sources as an aid to researchers and other stakeholders interested in the G8. It will be updated periodically as planning evolves and as more information becomes available about its intended and actual agenda.
The G7 Finance Ministers and Central Bank Governors meeting will be held on the margins of the International Monetary Fund and World Bank Group meetings (April 13-15, 2007).
On April 10, 2007, AFX International Focus reported that German Finance Minister Peer Steinbrueck will not attend the G7 finance ministers meeting in Washington, as he will be on holidays with his family in Namibia at that time.[1] Steinbrueck will be represented by Thomas Mirow at the meeting.[2]
On April 6, 2007, Japanese Finance Minister Koji Omi stated that "discussion on exchange rates is likely to include the yen, the dollar, the euro and the yuan" but "will not particularly focus on the yen."[3] Omi also stated that "We will focus on the outlook for the world economy including Japan, as well as IMF reforms and various other issues."
On April 2, 2007, Japanese Finance Minister Koji Omi stated that the topics for discussion at the G7 meeting have not yet been determined, but that it is unlikely that the finance ministers will discuss the yen.[4]
On April 2, 2007, Canadian Finance Minister Jim Flaherty stated that "I wouldn't be surprised if [the Japanese yen] was the subject of some discussion" at the G7 finance ministers meeting.[5] Flaherty stated that he expects global imbalances, Chinese currency flexibility, global commodity price levels and the impact of instability in the Middle East on oil prices to also be discussed.[6]
The G8 Finance Ministers will meet in Potsdam on May 18-19, 2007.
See Official Documents.
On February 9-10, 2007, the G7 Finance Ministers met in Essen, Germany.
On February 9, 2007, Agence France Presse reported that German Finance Minister Peer Steinbruek said that he is in favour of expanding the G7 to include Russia and China.[7]
Notes
1 AFX International Focus (April 10, 2007), "German Finance Minister Steinbrueck chooses Namibia break over G7 parley."
2 AFX International Focus (April 10, 2007), "German Finance Minister Steinbrueck chooses Namibia break over G7 parley."
3 Life Style Extra: Finance, News, Entertainment (April 6, 2007), "Japan finance minister says G7 unlikely to focus on the yen weakness," accessed April 10, 2007, http://www.lse.co.uk/FinanceNew
4 Takashi Nakamichi (April 2, 2007), "UPDATE: Japan's Omi Sees Little Chance Of G7 Discussing Yen," Dow Jones Newswires.
5 Andrew Peaple (April 2, 2007), "Canada Fin Min: Yen Likely To Be Discussed At G7 Meeting," Dow Jones News Service.
6 Andrew Peaple (April 2, 2007), "Canada Fin Min: Yen Likely To Be Discussed At G7 Meeting," Dow Jones News Service.
7 Agence France Presse (February 9, 2007), "Germany in favour of opening up G7 to emerging countries."
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