Macron to chair video call involving G7 and China over economic imbalances
Global Economic Imbalances and International Cooperation
Macron's Initiative for Economic Dialogue
PARIS, June 10 (Reuters) - French President Emmanuel Macron will chair a video conference on Thursday involving Group of Seven countries and China over how to address global economic imbalances, the Elysee said on Wednesday.
Key Themes of France's G7 Presidency
• Global economic imbalances fuelling trade tensions are a major theme of France's G7 presidency, including at a leaders' summit next week in Evian, eastern France.
Participants in the Video Conference
• The video conference will include representatives of G7 countries and other countries invited to the G7 summit such as Brazil, South Korea, India, Kenya and Egypt as well as China and the International Monetary Fund.
International Perspectives on Economic Coordination
Statements from Macron's Office
• "This conference shows a new willingness on the part of China, the United States and Europe over taking part in coordinated economic steps," Macron's office said.
France's Push for Shared Responsibility
Regional Economic Roles
• France is using its G7 presidency to push for a shared recognition that each region bears some responsibility for the economic imbalances, with China over-producing, the United States over-consuming and Europe under-investing.
Overview of the G7
• The G7 includes Canada, France, Germany, Italy, Japan, Britain and the United States, with the European Union also represented at the group's meetings.
(Reporting by John Irish and Leigh Thomas; Editing by Makini Brice, Sudip Kar-Gupta and Tomasz Janowski)
