Finance ministers from the Group of Seven (G7) nations met to discuss strategies for addressing global currency imbalances. The meeting centered on the need for greater exchange rate flexibility and international cooperation to promote sustainable economic growth.

Participants explored various policy options aimed at reducing the imbalances, including fiscal and structural reforms. The discussions emphasized the importance of coordinated efforts to achieve a more balanced global economy.

Officials acknowledged the complexities of the issue and the need for ongoing dialogue and collaboration. The G7 reaffirmed its commitment to working together to address these challenges and foster a stable and prosperous international financial system.