Mars Finance News, on May 19, a spokesperson for the U.S. Treasury said on Sunday that Treasury Secretary Besson will attend the G7 Finance Leaders Meeting in Canada this Tuesday and will seek to refocus the G7 on addressing trade imbalances and non-market economic practices. The Treasury spokesperson stated that Besson will also discuss with these officials how to achieve more growth driven by the private sector. Besson also pledged to "reprivatize" the U.S. economy by cutting government spending and regulations, believing that the U.S. economy is too dependent on the public sector to drive growth. Besson first had face-to-face discussions with G7 finance leaders in April during the International Monetary Fund (IMF) and World Bank meetings, but no joint statement was issued. (Jintian)
U.S. Treasury Secretary Benson will attend G7 finance leaders' meeting to focus on trade issues
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