Global Economy
Japanese Finance Minister Katayama says held a bilateral meeting with US Treasury Secretary Bessent and discussed how smooth forex moves crucial for US and global markets, as well as need for cooperation between the two countries
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Japan and the US discussed bilateral cooperation and the importance of joint FX interventions, while Japan called on the G20 to scrap arbitrary export controls.
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Says: Shared understanding with Bessent on significance of joint FX intervention. Told G20 that Japan is investing in strategic areas to boost economic growth, and that arbitrary export controls are bad for the economy and must be scrapped.
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