Mnuchin discussed with colleagues from the G7 measures to combat the economic consequences of the pandemic

The heads of the G7 Finance Ministers stressed the importance of international direct investment.

On the morning of April 30, US Treasury Secretary Steven Mnuchin spoke by phone with the heads of financial departments of Canada, France, Germany, Italy, Japan, the UK, as well as the European Commission and the Euro group.

The US Treasury Department reported this.

Following the instructions of the leaders of the G-7 countries, the Finance Ministers of these States maintain regular contacts on the issue of timely and effective measures in response to the economic consequences of the COVID-19 pandemic.

As noted in the report of the US Treasury, the Finance Ministers discussed the upcoming economic countermeasures – both national and international, strategies to strengthen economic activity, which are expected to be put into effect as soon as the economies of the G-7 member countries, as the necessary medical and security measures are implemented, will reopen.
The heads of financial departments stressed the importance of foreign direct investment.

Also, they noted the need to ensure transparency of investments, to identify potential risks in the field of national security.

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