
The leaders of the Group of Seven industrialized nations will hold a two-day meeting from Thursday in central Japan focusing on ways to boost coordinated action toward spurring world economic growth, fighting terrorism and ensuring maritime security, especially in the South China Sea.
The summit in Mie Prefecture comes amid growing uncertainty in the world economy tied to the slowdown in emerging economies that had been the main driver of global growth, the impact of falling oil prices on resource-producing countries, as well as the possible exit of Britain from the European Union following a June 23 referendum, according to Japan's (Kyodo) News Agency.
"With risks and vulnerability in the world economy rising, we would like to issue a clear and powerful message so the G-7 can take the lead in achieving sustainable and robust growth of the global economy," Japanese Prime Minister Shinzo Abe said Thursday.
The Group of 7 (G7) is consisting of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
Source: QNA
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