On the first day of the summit “the Big seven” leaders of the participating countries discussed the main threats faced by the world economy. Consensus on this issue could not be found.
President Barack Obama has opposed all forms of protectionism, and the Prime Minister of Japan Shinzo Abe called for concerted fiscal measures, noting negative trends in the development of the world economy. Germany has spoken out strongly against the proposal of Japan.
On the second day of the summit “the seven” will discuss tensions in the South China sea and the situation in Ukraine, reports TASS.
On may 26, 2016 in Japan started the summit “the Big seven”. Within two days, the participants will spend five meetings on economic topics. The international club brings together the G7, the UK, Germany, Italy, Canada, USA, France and Japan. Russia’s participation in the club was suspended in 2014 (when he functioned in the format of “Big eight)” after the annexation of Crimea to Russia.
