G7 Fin Mins draft statement: Making progress on considering ways to use profits from frozen Russian assets to help Ukraine, and will present options at leaders' summit in June
- G7 expresses concerns about China's comprehensive use of non-market policies and practices that undermine our workers, industries and economic resilience; Will consider taking steps to ensure a level playing field with China, in line with WTO principles
- Ministers seek to sign off on first pillar of the global minimum tax deal by end of June 2024
- German Fin Min Lindner: G7 agreed on the goal of further financing Ukraine in 2025, but not how to do it
- Italy Fin Min Giorgetti: There are problems with approving the first pillar of the global minimum tax reform plan
- EU has to decide what to do regarding tariff hikes on Chinese goods
- China's industrial overcapacity has an impact on all of us