Finance ministers from the Group of Eight (G8) started official talks on the world economic outlook Saturday in the central Japanese city of Osaka.
Under the chairmanship of Japanese Finance Minister Fukushiro Nukaga, finance chiefs from the United States, Japan, Germany, Britain, Canada, France, Italy and Russia are discussing long-term measures to tackle worldwide inflationary pressure that stems from surging fuel, food and commodity prices.
The ministers will, from their respective perspectives, confer on macroeconomic policies to cope with the risks posed by continued instability in world financial markets as well as the foreign exchange markets.
Issues such as measures to curb global warming, aids to African development and the adoption of action plans are also among the topics of the two-hour session.
The G8 Finance ministers meeting opened Friday in the run-up to the G8 summit scheduled for July 7-9 in at the Toyako (Lake Toya) resort area in Hakkaido.
Major issues such as surging fuel and food prices, climate change as well as aids to African development top the agenda of the two-day gathering.
Source:Xinhua
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