- POLITICS & GOVERNMENT
G7 Finance Officials Condemn Hamas Attacks on Israel
11:51 JST, October 13, 2023
MARRAKESH, Morocco (Jiji Press) — The finance ministers and central bank governors from the Group of Seven advanced economies on Thursday issued a statement condemning the massive attacks on Israel by Palestinian militant group Hamas.
“We unequivocally condemn the recent terror attacks by Hamas on the State of Israel and express our solidarity with the Israeli people,” the G7 top finance officials said in the statement released after their meeting in Marrakesh, Morocco, the same day.
The statement also said, “We reiterate our unwavering support for Ukraine and are united in our condemnation of Russia’s illegal, unjustifiable and unprovoked war of aggression against Ukraine.”
In addition, the G7 officials agreed to “explore” how Russian assets frozen under economic sanctions could be directed to support Ukraine and its recovery and reconstruction in compliance with applicable laws, according to the statement.
The meeting was also attended by Ukrainian Finance Minister Sergii Marchenko.
From Japan, this year’s G7 chair, Finance Minister Shunichi Suzuki and Bank of Japan Governor Kazuo Ueda participated in the meeting.
“Many participants expressed serious concerns and condemnation” over the Hamas attacks, Suzuki told a press conference after the meeting.
On the global economic trend, Ueda said, “It is a difficult issue that the situation in the Middle East has been added as a new factor of uncertainty.” At the same time, the BOJ governor explained, “At present, it [the Middle East situation] does not force a major change to the global economic outlook.”
Elsewhere in the meeting, the G7 financial chiefs agreed to accelerate talks on an International Monetary Fund quota review and reforms to strengthen the lending capacity of the World Bank. On the debt issue of Sri Lanka, which has effectively fallen into default, they showed hope that discussions at the official creditor committee led by Japan and others would make progress.
On Thursday night, the finance ministers and central bank chiefs of the Group of 20 major economies, including the G7 nations, started a two-day meeting in this North African city. Their agenda items include the risk of a global economic slowdown against the backdrop of Russia’s invasion of Ukraine and growing tensions in the Middle East. Attention is paid to whether a joint statement can be adopted, after G20 financial officials failed to issue such a document for six consecutive meetings as they remained divided over the war in Ukraine.
"POLITICS" POPULAR ARTICLE
Japan, U.S., S. Korea to Start Real-Time Missile Info Sharing
Taiwan’s Semiconductor Giants Build Overseas Amid Global Demand, Local Labor Shortage
Govt Issues Emergency Warning Following N. Korea’s Missile Launch (Update 1)
Japan Provides Ukraine with Landmine Detectors, Vehicles
Xi Sends Condolence Letter to Kishida on Death of Soka Gakkai’s Daisaku Ikeda
JN ACCESS RANKING
- Exports of Nishikigoi Carp to China Halted; Permits for Japanese Aquaculture Facilities By China Have Expired
- Japan April-Sept. Current Account Surplus Hits Record High
- Food, Beverage Price Hikes Show Signs of Easing; Fuel Prices, Consumer Frugality Slowing Down Price Rises
- Japan 2023 Food Exports Reach 1 Tril. Yen at Record Pace
- 69.7 Bil. Yen in COVID-19 Loans to Small Businesses Uncollectible