OTTAWA, May 22 (Xinhua) -- Finance ministers and central bank governors of the Group of Seven (G7) concluded their meeting Thursday in Banff, Canada, calling for unity to meet the current global challenges.
According to a news release issued by Canada's finance ministry, a communique was issued emphasizing the importance of G7 unity in the face of complex global challenges.
In advance of the Leaders' Summit next month in Kananaskis, Alberta, the meeting included a productive and frank exchange on the global economy, unsustainable global imbalances, and ways to promote growth and productivity, it said.
"Canada came to this 50th meeting with clear priorities: fostering growth and restoring stability to the global economy," said Minister of Finance Francois-Philippe Champagne.
As a platform for major economies to coordinate responses to global crises, the G7 consists of Canada, France, Germany, Italy, Japan, Britain and the United States.
G7 finance ministers and central bank governors meet each year to discuss key economic policy issues that require international coordination. ■
