LIVE: French Finance Minister Lescure Press Conference After G7 Finance Ministers Meeting | AC1G

a

month

of

work and discussion and i would like to use this opportunity to thank everyone that's been involved in the process of organizing

this

meeting here in bercy

but

also making the work land thank you all

we

are at a critical moment

and

we could feel this

there

was salinity in our discussions

the

level of our discussion matched the momentum of this g7

this

meeting is about one

delivering

a message about the virtues of dialogue

and

sustainability

but

it's also about the necessity

of

taking actions

and

let me tell you something to those who question the very existence of the g7

the

last few months have proven them wrong

this

is the seventh formal g7 meeting that i was sharing since january in all sorts of

organizations

and distributions of ministers

not

only to address the situation but also to find out long-term solutions to build sustainable growth

and

i will say it again

it

is about taking actions

we

did it in march when we released the stocks

of

strategic reserves

and

at that time it had an impact on the price of oil

and

we were today again gathers to have more actions planned

those

past two days we had demanding conversations but very constructive discussions

with

the g7 finance ministers with the central banker

in

a spirit of cooperation of shared responsibility

and

in a very good working atmosphere i have to say

i

would like to give a special greeting to my colleague and friend francois bilroy galo he's not going to like the two seconds i'm going to spend on him but still but not more than two seconds not more than two seconds thank you very much for your outstanding work not only during this g7 but for decades including the last decade

at

the service of the bank of france you've played a key role in the french economy in the european economy in the global economy

thank

you very much dear francois

from

the beginning of the g7 track

we

had three main priorities to address global economic challenges one to reduce global economic imbalances two

to

work on our dependencies on critical minerals

and

three to revend international partnership

but

g7 is also about managing emergencies

thus

dealing with the ongoing crisis

and

regarding this specific crisis

we

have asked the imf and the world bank to upgrade their support to countries which are hit by the crisis

there

are

we

have the list

we

know and ajabanga and kristalina dogeva were very clear

we

don't do anything 50 million people

might

be faced with a food crisis very soon we need to act and i'll

get

back to that

because

the see the crisis has a severe impact on the most vulnerable ones we need to support them at home and abroad

we

had we have a g7 communique you probably have it already and if you don't you're going to get it very soon

but

in addition and for the first time

we

had a special focus communique on global economy and global imbalances

which

we worked on with other countries because this just g7 was not just a g7 we had special guest

we

had a session this morning very productive with brazil india kenya and south korea they contributed to the discussion

we

took major steps to take the right path towards more stability more resilience and a better understanding of our common challenges and mutual interest

and

we just had lunch with an extra set of partners from the gulf

qatar the

emirates and saudi arabia

in

which once again

we're

able to discuss the global economy but also be highly impressed

with

their resilience and their adaptability

they

are on the forefront of the crisis and we command their resilience

now

let's come back to our three main priorities first global imbalances

we

all share a common view

those

imbalances are not sustainable

they're

growing they're persistent they create unprecedented geopolitical political economic and financial tensions

they

have to stop

on

one side you have china with an excessive surplus that's growing every day on the other side the us with a major deficit and on the third side europe which doesn't invest enough and this is affecting everyone us included but also everyone else

we

have a record in this history the china surplus is not 1200 billion dollars of 20 percent of global exports

and

with concrete impacts on our daily lives

this

is about jobs this is about industry this is about affordability this is about consumption

this

situation undermines our citizens trust in globalization

in

our very model

and

this is not good news for our country including outside of the g7

we

all share common interest

at

the end of the day it's not about whose fault it is

but

how we all together address the situation

this

is multilateralism at its best

and

on this front we agreed to take urgent actions

we

shared the need to take domestic measures

based

on the analysis driven driven by the imf and the oecd

we

need to increase investments we need to improve productivity

we

need to end market distorting policies

those

measures will be tracked by the imf

alongside

with relevant international organizations such as the oecd

and

we are going to keep on engaging with other countries in order to provide our leader again with a great assessments and hopefully an action plan

by

the time avian comes

one

very good example of what is an imbalance what

an

imbalance is is the issue of critical minerals

and

as the g7 we decided to tackle this matter together

canada

started tackling this issue in the previous presidency we took it on board we've brought it further global imbalances

global imbalances mean

global dependencies

critical

materials and rare earth might be an abstract concept

to

some of you

though

they are very very special goods

it's

a very small market

but

a disruption and we've seen it over the last year on that market can cause a huge impact on

the

economy

one

electric car

requires

150 magnet if we don't have the rare earth we don't have the magnets if we don't have the magnet

we

don't have the car

therefore

a supply shock of permanent magnets can put hundreds of factories

out

of work

this

is why we decided in the g7

to

extend the critical manual alliance that canada created this time last year

in

order to

put

together a plan that's going to be very concrete on building stockpiles on traceability of value chain on structuring information sharing among us

on

mobilizing multilateral development banks and the private sector to boost investment

and

to make sure that we provide our leaders with a concrete list of projects

that

show that we can do it

regarding

dependencies the ongoing war exposed our vulnerabilities

the

conflict in the middle east is impacting our lives and global economy

on

that matter and francois will get back to that we benefited from central banks and financial stability board assessment

the

uncertainty is putting growth and inflation at risk and we know in what direction

possibly

less growth

probably

more inflation

most

vulnerable countries and your increasing energy and food prices the fertilizers and supply chain are under pressure

there

are some people some sectors some countries under stress right now

it's

cropping season a big part of the world and let us not forget that inflation and fertilizers and food

means

that some people will have difficulties to buy and or to find foods in the next few weeks and months

everyone

agrees that the top priority is to take trade flows back

to

normal

we

call for the reopening of the straight of our moose we call for lasting resolution to the continent

we

will closely monitor its impact with international organization

but

i want to be clear

the

straight of our moose needs to be open

free

of charge

we

know that the longer it takes the tougher it will be for economy and in the meantime you know that we call coordinated strategic reserve release in march

we

also agreed on avoiding non-cooperative actions such as export ban

we

do believe that targeted and temporary measures are the most effective directed to the most affected households and businesses

and

for country in need imf and multilateral development banks will continue working together

using

the full range of their tools and in line with their respective mandate

we

all agree

that

given the current situation we should try by all means to avoid a food crisis

we

want an action plan to be presented to our leaders in avion this time next month

with

the special attention to fertilizers in order to mitigate the impact of the

the

conflict

on

agricultural production and food security

time

is of the essence we must

act it

will be a joint g7 finance and development work

which

will also involve relevant international organizations such as the food and agricultural organization the international fund

the

world bank and so on

as

you know support to ukraine has been an important part of our work over the last four years

it

still is

support

to ukraine is a major commitment of our presidency and i want to reaffirm our strong and definitive support

this

is why it was important for us to convey finance minister of ukraine seri martyanko and the governor of the central bank

and

i want to make it very clear

russia

cannot benefit from the war in the middle east

this

is not an option and on this

all

g7 g7 members agree

on

ukraine we've made huge progress on closing their financing gap we are not there yet

we

are supporting them there's reform conditions we need ukraine to put their side of the story which is putting reforms in in place they are strongly committed to that

we

are strongly committed

in

maintaining and pursuing sanctions

and

pressures

on

russia

to

prevent them from getting critical revenues and financing the war effort

and

in addition

we

committed to finance the repair of the chernobyl confinement

ladies

and gentlemen before i give the floor to francois

i

would just like to reiterate that this was

an

important very important

extremely

important meeting

addressing

the major economic challenge of the 21st century i'm very well

aware

of just how important this is

my

colleagues

are

very well aware

of

just how important it is

we

know our responsibility on this critical moment

in

the face of geopolitical events

in

the face of economic imbalances

in

the face of our dependencies multilateralism is not an ideal

it's

not an option

it's

the most powerful tool

the

law of the fittest just doesn't work

we're

ending this with a shared commitment to build a more stable a more resilient a fairer global economy

the

road ahead is demanding

but

our will is even stronger

to

this end we've been working since the first day now we need to drive this momentum through to the avion summit

between

the 15th and the 17th of june thank you francois c'est à trois

and

some compliments in english

le

mot personnel il se trouve le ministre l

'a

dit que c'était mon dernier g7

je

peux dire avec le recul de onze années et donc beaucoup points de comparaison

que

le g7 de paris ce g7 de paris a été un très bon g7 et ça n'est pas seulement nous qui le disons c'est aussi nos collègues des autres pays qui étaient là

très

bon g7 ce qui m'a frappé c'est parce que les discussions intervenaient évidemment dans un moment difficile

mais

je crois qu'elles ont eu trois caractéristiques qui font le succès elles ont été sans complaisance et lucide face à la gravité de la situation face aussi au désaccord

elles

ont été libres

en

entre responsables de haut niveau

et

puis elles ont été en confiance

if

i now come to the substance and only to complement what the minister said about the outcome

may

i insist about some deliverables of what i call pragmatic multilateralism yes multilateralism is of the essence

but

we should be pragmatic in our deliverables how can we improve the life of our fellow citizens

let

me quote three examples we touched upon

first

cyber

and

we had

the

conclusion of a so-called cyber exercise and we decided to strengthen our common work among g7 facing as we all know increasing threats

second

extreme weather events

and

you will see in the communique there are at least two paragraphs on this issue which we discussed at seven

and

in a pragmatic manner again to quote one figure according to private interest

the

cost of extreme weather events the economic cost has been more than 200 billion dollars last year 25

and

this cost has increased in average through the last 30 years

of

at least five percent each year

so

the issue of insurability

fulfilling

the protection insurance gap is a key issue there are private solution of private public solutions we decided to go on working on these solutions in the g7 framework

and

third example and i pay tribute to you minister and to your team fight against financial crime

there

is a very important conference organized this afternoon but we had the gaffi in french or fatf chairwoman coming as you know fatf

was

created by the g7 in paris in 1989 it's based in paris

and

it's also

for

the good of our fellow citizens think of drug traffic drug dealers when we fight against illicit flows we endeavor to improve the life of our fellow citizens

can

i conclude with two issues we discussed more as central bankers in two dedicated sessions

i

could have mentioned also and you will see it in the derivatives of the g7 quantum computing or all our work on non-bank financial intermediation this refers to financial stability but i would like to conclude with two issues we discussed more central bankers

first

cross-border payments

and

this is also very practical progress for millions and millions of people around the globe we know that cross-border payments are

too

slow too expensive at present

we

decided to accelerate the interlinking of our fast payment system and adopted common values and prepare a practical handbook on that

we

should make cross-border payments definitely weaker cheaper and safer

and

last but not least we discussed obviously among central bankers monetary policy and global economy and here i link it directly to what you said roland

it

was in a broadened circle with our south korean indian and kenyan colleagues

we

obviously face a diversity of situation let me stress from an economic standpoint

that

there are two supply shocks happening at global level at present an energy supply shock obviously linked to the conflict and negative for most jurisdiction

but

the positive supply shock on artificial intelligence

and

the combination of these two shocks is

different

from one jurisdictions to another

but

that said

we

discussed obviously the increasing uncertainty increased by the ongoing conflict in the middle east it heightened risk as you said

to

both growth and inflation

we

discussed hate and volatility on sovereign bonds market

it

has several reasons

the

uncertainty i just mentioned including political uncertainty in some directions

some

questions on fiscal policies

but

let us be clear

fears

of inflation

and

this is for us central banks

so

we reaffirm

our

collective commitment to monetary policy ensuring price stability and anchoring inflation a target for the media term

and

this is a strong collective commitment

you

will see it in the communique monetary policy will remain data dependent

and

we are closely monitoring what we call the second round effect

on

core inflation on inflation expectations and on economic activity

we

are ready to act as much as necessary the precise answer clearly belongs to each central bank and each jurisdiction

and i

will stop there and we'll answer your questions

et

évidemment les questions français sont les bienvenus merci

george de la lidi politico du coup je vais poser ma question en français vous avez évoqué monsieur le ministre des discussions franches directes et parfois difficiles je vais demander si les réunions de hier d'aujourd'hui ont été l'occasion de de rappeler pour les européens le fait que la guerre au moyen-orient doit doit se terminer au plus vite et de parler du fait que les conséquences économiques se feront sentir davantage en europe merci beaucoup

je pense qu'il n

'y a

pas que les européens qui pensent ça nous pensons tous qu'elle doit se terminer au plus vite

on

est engagé dans un conflit difficile nous sommes évidemment tous convaincus que l'iran ne doit pas avoir accès à la bombe atomique que les enjeux balistiques doivent être traités et tout ça je dirais je le laisse à mes collègues

qui

s'occupent de géopolitique mais nous sommes tous évidemment conscients que

le

plus tôt on ouvrira le détroit d'armouz le plus tôt ce nœud économique d'un conflit géopolitique sera tranché

le

mieux on se portera tous

mais

je l'ai dit je vous le répète ça ne se fera pas à n'importe quel prix et notamment au prix de je ne sais quel ph qui contreviendrait de manière flagrante au droit international

voilà

on fait face à une réalité on est un monde avec lequel on vit et on fait tout pour en collectif

s

'assurer que les

conséquences

économiques de ce choc sont les plus limités possibles et notamment j'insiste là-dessus

pour

les plus vulnérables parce que ça a été notre focus depuis deux jours et ça le reste

bonjour

monsieur le ministre juste une question en anglais ross cullen from channel news asia you said that you were aligned

with

your g7 colleagues that russia must not benefit from the war in ukraine

the

united states has announced another waiver of sanctions on

russian

oil do you agree with that extension of the waiver if you're aligned with your g7 colleagues

and

separately also on your discussions with mr besant

did

you call again with him for the reopening of the strait of hormuz

and

did you get any sense from the united states delegation

of

their next moves in terms of the conflict

thank

you well we all agree scott besant included that we should open the strait of hormuz as soon as possible not at any cost and suddenly free of charge

uh

you know he's uh he's given us a bit of an update on the state of

the

conversation

one

of the beauties and i know it's frustrating for some of you guys of the g7 and that not everyone we say necessarily comes out of the room

i

was talking to someone who was involved in g7 a long time ago

who

said to me that at first

the

g7 was a meeting behind closed doors with seven leaders no staff no agenda no note-taking i mean we've gone much further and we're now having a press conference exchanging with you on what what what we said and the outcome we have a communique there's tons of work being done

there's

still conversations that are not going to come out because this is the beauty of the exercise

on

on the waiver on um

on

russian oil

this

is certainly not a g7 decision so i'll let you ask scott besant

why

and how they decided to do that but i can tell you that the willingness of the g7 to keep on putting pressure

on

sanctions on russia

was

unanimous

and

that nobody wants russia to have a windfall profit of what's going on

in

the middle east

lee

thomas from reuters

um

you mentioned domestic measures to address the uh the unsustainable macro imbalances what precisely do

you

have in mind and how can

having

the imf and the oecd track those make a difference and then secondly on the critical materials

um

have you sort of narrowed

uh

the options on on the common toolbox what what are the concrete steps that you're going to take going forward

so

on the

on

the global imbalances

i

think we all we all understand that uh

it's

not about finger pointing it's not about telling you should do this or you should do that and suddenly we all reply to our parliaments i don't want to go to the french parliament telling them that the g6 has told the seventh number which is me to do this and that

the

idea and i know it's

a

conversation that requires a change of mindset

not

a mindset that thinks that in every conversation there's a winner and there's a loser but that we can have conversations together where together we can win win

and

that's what the imf analysis and that's what helen reis economies group has brought to the table as well

which

is at the end of the day if each of us does the right thing

we'll

all together be better off

i

said very simply europe needs more investment

i

said very simply china needs more consumption

and

i said very simply

the

us deficit needs to go down well guess what when you talk to these people every one of us says that we should do it

the

question is

can

we have a way of doing this together

coordinating

ourselves doing it simultaneously because everyone around the table admits

that

if we do it together it's going to be more efficient

and

that requires a conversation that hasn't happened yet there's been

lots

of bilateral discussions

the

president would like to my president emmanuel macron would like to engage with all the actors and uh including china that wasn't here today but also brazil india

some

countries of africa europe the us and others canada and others

to

make sure that together we can find a road map

and

uh hopefully this is going to happen between nine of young we're not there yet but we had great productive conversation on this

on

on the raw material and and critical mineral acts

the

way i would describe the lego we tried to build

is

threefold

one the

international energy agency was created in the 70s faced with at that time a big old shock

that

made us realize that we didn't have the tools to follow the market

to

understand where inventories were to understand where vulnerabilities were so we want to be able together

as

a g7 to follow that market

we're

probably going to call that a task force the idea is not to build a new agency the iea is doing a great job the ocd is doing a great job but we want to be able to monitor the market to understand them

to

understand where stockpilings are where stockpilings are missing to make sure that we are able as a group to say okay market's okay no need

to

act or the market's not okay and there's one of those markets where we need to act

two

there's discussions on agreements that could take different ways that are taking place at the initiative of the us

that

could look at different ways and tools of addressing market inefficiencies there could be price floors there could be tariffs there could be

quarters

and this is an ongoing work that hasn't completely landed yet

but

three i think most importantly

we

need to show that together we are able to change the conversation make things happen on the ground that are changing the balance of power

for

those rare earths that are becoming critical

to

electrification

two

weeks ago i was in the southwest of france

looking

at a factory that's been financed by us japan and france that's going to recycle and produce 10 percent of the rare earth we need in the world

in

po in lack in the southwest of france and those 10 percent are going to be half of taken

by

japan this is again what you call francois multilateralism on the ground pragmatic materialism we are showing the ground that we can

produce

alternative to a market for which it has to be acknowledged we have a monopoly today from one country

if

i may add one word on the part of the question referring to domestic measures if i got it right lily

there

was unanimous agreement around the table that such measures should be you remember the

the

famous triple t

targeted

temporary and tailored

uh

unanimous agreement

can

i add two practical observations first so far and the imf has an imf tracker measures taken past jurisdictions i don't say they all perfectly comply with the free t's

but

such measures are much more limited that after 22

and

rightly so

if

you look at the quantum compared to gdp

and

may i add mr minister a remark for france as a very independent central banker

so

far

i

think the sober answer by the french authorities is welcome in this period because we all know if we don't respect the triple t it creates fiscal problem obviously but

it

was reminded yesterday it increase oil demand globally

and

this is exactly the contrary of what we should do

yeah

thank you so much uh susumu sakamoto from the asahi shimbun japanese media

regarding

the food security um have you discussed any specific measures including uh

setting

the corridor for fertilizer uh

uh or

uh yeah

yeah

i mean as you know that was one of the u.s ids that was brought forward at the g20 in washington about a month ago this is one of the options we could look at

we

have to make sure that

the

most vulnerable countries its cropping season there cannot be durably affected by the crisis on fertilizers so this could be one of the options there's other options in terms of a

diversification

of supply and maybe stop depiling that could happen as well

but

we certainly are willing to do whatever it takes to make sure that no food crisis is coming after this girl

yeah

we

romain

tardino for journal sps ct bonjour monsieur le ministre bonjour monsieur le gouverneur j'ai une question pour vous en fait

il

y

a

deux semaines vous disiez que

le

kérosène n'allait pas être à risque

le

conflit s'enlise

qu

'en est il aujourd'hui

j

'ai la même réponse qu'il

y a

deux semaines heureusement

on

suit les choses évidemment de très près mais quand on regarde le marché du kérosène en europe en france singulièrement puisque c'était

la

réponse à une question qui m'était posée il ya quinze jours à l'occasion de l'évocation de la saison touristique de cet été

le

fait qu'on ait augmenté nos capacités de raffinage le fait qu'on ait diversifié nos approvisionnements notamment en provenance des états unis qui eux mêmes ont augmenté leur production de kérosène

fait

que nous sommes confiants sur notre capacité collective cet été à s'assurer que les avions puissent voler en france de france et vers la

france bonjour

mathilde de ennemis france inter de questions pour chacun d'entre vous monsieur le ministre bien que vous repreniez en quoi cette réunion du g7 va permettre de temporiser les conséquences de la crise actuelle pour nos sociétés

et

monsieur le gouverneur est ce que le fait d'avoir vu tous les banquiers centraux vous a permis d'arrêter une décision ou des avancées en vue de des réunions futures de juin sachant que tout le monde avait décidé de temporiser

et

puisque vous parliez d'indépendance tout à l'heure de la banque centrale petite question franco française puisque les députés socialistes ont choisi de ne pas soutenir emmanuel moulin en commission est ce que vous pensiez que votre succession serait si compliqué merci

je

vais commencer

au

nom de l'heure au ministre

bon

le face à une crise globale le g7 a une fois de plus montré son

son

intérêt

à

la fois je dirais entre nous sept

mais

aussi au delà

les

discussions qu'on a eu avec nos amis kenyans nos amis indiens nos amis brésiliens puis avec nos amis du golf

au

déjeuner nous ont montré

que la

meilleure manière de gérer cette crise c'était de se concentrer sur les plus vulnérables

des

mesures à taille unique qui concernerait tout le monde y compris ceux qui n'en ont pas besoin que ce soit des secteurs que ce soit des ménages

que

ce soit des pays

serait

évidemment une mauvaise manière de répondre à cette crise pourquoi

c

'est ce qu'on appelle une crise d'offre un choc d'offre

on

manque du jour au lendemain d'une partie du pétrole mondial

et

si on répond globalement en subventionnant massivement la demande on va se retrouver avec un déséquilibre encore plus marqué

est

donc ce consensus autour de notre capacité collective à identifier les plus vulnérables

et

à

diriger

nos mesures vers eux c'était évidemment un des éléments concrets de ce de ce g7

mais

deux surtout

nous

avons avec le fmi avec la banque mondiale identifié ces plus vulnérables

et

nous avons en tête un certain nombre de pays

aux

côtés duquel il va falloir être de manière très concrète avec des instruments qui existent

au

service du fonds monétaire et de la banque mondiale

pour

les aider

on

a des pays aujourd'hui l'irac par exemple

qui

est un pays qui dépend cruellement de ses ressources de pétrole et qui aujourd'hui est évidemment incapable de les exporter

nous

devons focaliser nos mesures sur le soutien à l'irac évidemment le fonds monétaire et la banque mondiale travail donc de manière très concrète aujourd'hui au delà des enjeux de sécurité alimentaire dont je parlais tout à l'heure ce g7 nous a permis

de

prioriser

de

séquencer et de focaliser notre aide sur ceux qui en ont le plus besoin

sur

vos deux questions je vais commencer par la dernière vous n'allez pas être surpris par ma réponse

concernant

la nomination de mon successeur il ya une procédure qui est prévue par la constitution et les lois de la république elle se déroule laissons la se dérouler et effectivement il ya les auditions parlementaires demain

la

banque de france n'a fait aucun commentaire ni votre serviteur depuis début de cette procédure elle n'a pas à en faire

alors

en ce qui concerne la politique monétaire et les rencontres entre banquiers centraux nous n'avons pas eu je les dis tout à l'heure de discussions pays par pays ou région par région concernant la zone euro

il

se trouve que je ne participerai pas étant parti à la prochaine réunion des conseils des gouverneurs de début juin à laquelle vous faites allusion

je

veux simplement redire deux choses

la

première c'est la volonté générale je le rappelais tout à l'heure d'agir dans toute la mesure nécessaire

pour

ramener l'inflation à sa cible de 2% dans notre cas

à

moyen terme

ça

veut dire agir et non pas sur réagir ça veut dire disposer des informations en ce qui concerne les effets de second tour l'inflation sous jacente

les

anticipations d'inflation notamment des ménages et des entreprises les salaires

mais

nous serons prêts à agir comme il le faut parce que nous avons une obligation de résultat

les

ménages et les entreprises français et européens peuvent nous faire confiance pour assurer cet ancrage de l'inflation à 2% je le redis très fortement

l

'autre chose si vous me permettez une remarque un peu plus spécifique sur le débat européen mais je n'irai pas plus loin

je

crois qu'il faut pas focaliser le débat seulement sur le calendrier

vous

permettez de le dire avec un sourire quand on était au mois d'avril c'était qu'est ce que vous allez faire 20 avril maintenant c'est qu'est ce que vous allez faire début juin

je

vais le dire en anglais parce que ceci prête mieux the main question is not about the date it's about data

pas

un calendrier mais des données

j

'ai dit à l'instant quels sont les éléments de notre fonction de réaction liée au second tour

après

ça sera au conseil des gouverneurs les 9 et 10 juin de décider selon ces données

on

prend une dernière question peut-être

bonjour

merci beaucoup marie vienneau france culture est ce que vous avez parlé puisque vous nous dites que tout le monde était d'accord pour dire que le multilatéralisme vraiment c'était la solution est ce que vous avez parlé du commerce et notamment de la politique américaine qui n'a pas été très coopérative l'année dernière est ce que c'est un sujet qui a été abordé et quelles solutions vous vous y voyez et quand vous nous parlez d'action concrète vraiment où il faut qu'on n'est tu take action tout ce que vous dites etc donc là vous nous donnez l'exemple par exemple de de l'aide du fmi et des pays qui pourrait mais est ce que vous avez d'autres exemples à nous donner puisque vous parlez notamment des engrais que c'est la saison où justement on en a besoin et est ce qu'il faut attendre le g7 déviant en juin pour avoir vraiment la traduction concrète de ce que vous nous dites ou déjà aujourd'hui il ya des choses qui ont été décidées ou alors en fait ce que vous nous amorcer tout ce qui va être concret en juin

merci peut

-être pour répondre de manière un peu simpliste peut-être à votre question l'idée de ce g7 finance c'était un peu de faire la part de la passe décisive à nos à nos leaders

c

'est vrai qu'un certain nombre de sujets importants sont en passe d'être finalisé

mais

que parce que le président de la république a souhaité que ces sujets soient abordés au plus haut niveau

parce

qu'il concerne des sujets extrêmement important parce qu'il concerne aussi l'avenir du monde nous avons je pense pas mal avancé le travail de manière à ce que nos leaders puissent je l'espère en tout cas le conclure sur des sujets aussi important très concrètement que les minerais critiques

que

le règlement des déséquilibres globaux qui peut parfois paraître un peu théorique

mais

si la france a perdu des dizaines d'usines ces 30 dernières années c'est du fait de ces déséquilibres globaux si aujourd'hui les marchés financiers

ne

peut pas dire qu

'ils

nous inquiètent mais en tout cas ils nous occupent et parfois même ils nous préoccupent c'est en grande partie du fait de ces déséquilibres globaux donc il est important évidemment d'avoir tout ça en tête et les leaders trancheront

sur

le commerce international

bon

d'abord je suis pas sûr que tout le monde considère que multilatéralisme soit la solution à tout ça c'est ma conviction je pense que cette réunion a montré qu'effectivement sur tous les sujets au fond

plus

on parle mieux on est et je pense y compris d'ailleurs les états unis qui nous ont par exemple remercier quand on a libéré les stocks stratégiques au mois de mars de manière collective reconnaissent quand même que parfois ça peut aider

est

ce que ça veut dire qu'on est d'accord sur tout non

sur

le commerce international c'est une des questions que vous évoquez évidemment nous ne sommes pas d'accord

et

dès qu'il faut rappeler à que je suis pas d'accord avec lui sur l'utilisation des tarifs dans la correction des équipes globaux

je

vous rassure

je

le fais

mais

une fois qu'on essaie des accords notre capacité collective à trouver des lieux où on peut se mettre d'accord où on peut avancer ensemble on peut même parfois essayer de se convaincre qu'on peut avancer ensemble sont évidemment les bienvenus c'est pour ça que le g7 avait été créé dans les années 70 à un moment d'un autre

choc

pétrolier à un moment d'un autre conflit mondial

on

continue à le faire et je suis très heureux de voir que au fond ça fonctionne

merci

beaucoup

merci

à tous on continue avec la

la

conférence nos monnaies for terror une conférence très importante

françois

l'a dit on a de manière très concrète au coin de nos rues souvent des matérialisations très réelles on a 75 délégations présentes ici

pour

s'assurer que le financement illicite des activités illégales

ne

soit plus dans le monde y compris avec les outils modernes merci

pour

la pour la suite for the next steps just so if you want to go to the briefing just after you can follow juliette in the meeting room where you are gathered if you want to go to the doorstep of the nmft conference for the doorsteps you can follow elvir over there which is at the entry ok

if

you want to for the briefing

we

will send you the

the

text so if you are not here you will have the text