Group of Seven

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Group of Seven

n
(Economics) the seven leading industrial nations, Canada, France, Germany, Italy, Japan, UK, and the US, whose heads of government and finance ministers meet regularly to coordinate economic policy. Abbreviation: G7
References in periodicals archive ?
But his various gambits only succeeded in lowering the bar for success so much that the G-7 leaders could all drag their feet and still clear it.
Macron, the host of this year's G-7 summit, is leading efforts to mediate between the US and Iran after the Trump Administration pulled out of the internationally-brokered 2015 Iran nuclear deal and reimpose sanctions against Tehran, Al Jazeera reported.
He said the condition of sanitation work in G-7 Sector was very unsatisfactory and demanded that CDA should focus on improving sanitation arrangements in G-7/1 to keep the market in neat and clean condition.
G-7 was working smoothly till the time U.S President Donald Trump followed a confrontationalist approach with other members at the summit held in Charlevoix, Quebec on June 8 and 9 this year.
Trudeau and other leaders had given closing press conferences and announced a US-backed joint G-7 statement.
He stressed that CDA should take urgent measures to develop the markets of G-7 sector on modern lines to facilitate the growth of business activities.
Japanese Prime Minister Shinzo Abe, talking up what he calls parallels to the global financial crisis that followed the 2008 Lehman Brothers bankruptcy, said the G-7 "shares a strong sense of crisis" about the global outlook.
right of every citizen to have clean drinking water but sector G-7
"There were no particular questions raised at the G-7," Aso told reporters when asked about discussions on exchange rates at the meeting.
US Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke participated in the G-7 call.
The G-7 meeting will be on October 3, and the annual meeting of IMF-World Bank will take place on October 4-5.
However, the familiar phrase, which apparently caused no surprise to market participants as the G-7 opted not to single out any specific currency, may cause further woes to Japanese manufacturers already under pressure from the sharp appreciation of the yen.