By Prensa Latina
Tokyo : The world’s economic situation is more challenging and uncertain than in 2007, according to the draft of a communique that the Group of Seven (G7) will release on Saturday, after a meeting in this capital.
The world economy is going through difficult times but its foundations are still solid, said the document, released to the press and in which the terms of the exchange markets have not been defined yet.
However, experts predicted that the exchange markets would remain stable in contrast to the situation in October 2007, when the group met.
Japan expects the finance ministers and central bank presidents from the rest of the G7 member countries (Great Britain, Canada, France, Germany, Italy and the United States) will calm their fears on the decline of the world economy.
Experts from the host country think the best thing is to reach a common ground in diagnosing the problems affecting the international markets at present.
At the Tokyo meeting, the seven most developed countries in the world will analyze the global economic panorama and financial uncertainty in general terms.