Haddad travels to Japan to participate as a guest at the G7 meeting

The Minister of Finance, Fernando Haddad, leaves this Monday night (8) for Japan, where he will participate as a guest in the G7 meeting, a group formed by the United States, Japan, Germany, United Kingdom, France, Italy and Canada. This is the first time that a Brazilian Minister of Finance participates in the meeting, which brings together finance ministers and heads of central banks from the seven largest economies in the world.

On Haddad’s agenda, there is a meeting with US Treasury Secretary Janet Yellen to discuss World Bank reform and a meeting with economist Joseph Stiglitz to discuss green industrial policy. A meeting is also planned with the Minister of Finance of Japan, Shunichi Suzuki, and a meeting with the Minister of India, Nirmala Sitharaman, to align the current presidency of the G20 (a group formed by finance ministers and heads of central banks of the 19 largest economies of the world and the European Union), exercised by the Asian country, with the next one, which will be from Brazil.

The official sessions of the G7 begin next Friday (12th) and, according to the Ministry of Finance, Haddad has a confirmed presence in all of them. The first table, which will also include the presence of Joseph Stiglitz, will address the future of the welfare state. The second session will discuss the macroeconomics of emerging countries and the third, the challenge of financing, especially in the area of ​​infrastructure.

On Saturday (13), Haddad returns to Brazil, scheduled to land in São Paulo on Sunday morning (14). During his participation in the G7, the minister has three main points as his agenda: reinforcing Brazil’s relevance on the international stage, discussing necessary reforms for the economy and creating ties with G7 players and guests, as reported by the ministry.

“Haddad’s presence at the event also positions the minister as one of the most active internationally, especially among Latin Americans. In addition, Brazil has the task of defending the importance of the G20, considering the role that the country plays by being the next to preside over the bloc”, highlighted the ministry. Other non-G7 countries invited to the meeting include Indonesia and India.