Group of Seven (Hansard, 6 April 1989)

§ 75. Mr. Tim Smith
To ask the Chancellor of the Exchequer when he last met his counterparts in the Group of Seven; and what was discussed.

§ 82. Mr. Brazier
To ask the Chancellor of the Exchequer when he last met his counterparts in the Group of Seven; and what was discussed.

§ 98. Mr. Simon Coombs
To ask the Chancellor of the Exchequer when he last met his counterparts in the Group of Seven; and what was discussed.

§ 169. Mr. Fishburn
To ask the Chancellor of the Exchequer when he last met his counterparts in the Group of Seven; and what was discussed.

§ Mr. Lilley
My right hon. Friend the Chancellor of the Exchequer met his counterparts on 2 April at the meeting of the Group of Seven Finance Ministers in Washington. A statement was released.
A wide range of topics were discussed, including progress and prospects for the world economy. Finance Ministers' commitment to close co-operation on exchange markets was reiterated. They committed themselves to resisting protectionist pressures wherever they arise. The recent proposals by several countries for further development of the debt strategy were also discussed, including ways by which the strategy could be strengthened by placing greater emphasis on voluntary debt and debt service reduction in agreement with commercial banks as a complement to new lending.