Press Releases
State Minister for Foreign Affairs HORII’s Attendance at the Global Convergence for Growth Summit (Results)
June 12, 2026
On June 11, commencing at around 9:00 p.m. for approximately 60 minutes, Mr. HORII Iwao, State Minister for Foreign Affairs of Japan, attended the Global Convergence for Growth Summit, which was held online.
- This Summit was hosted by H.E. Mr. Emmanuel Macron, President of France. In addition to the G7, including H.E. Mr. Friedrich Merz, Chancellor of Germany, the Right Honourable Mark Carney, Prime Minister of Canada, H.E. Dr. António Luís Santos da Costa，President of the European Council, the Honorable Scott Bessent, Secretary of the Treasury of the United States of America, the Honorable Ambassador Jamieson Greer, United States Trade Representative, the Right Honourable Ms. Rachel Reeves, Chancellor of His Majesty’s Exchequer, H.E. Mr. Giancarlo Giorgetti, Minister of Economic Development of Italy, Mr. Valdis Dombrovskis, Executive Vice President of the European Commission, ministers and others from China, Republic of Korea, India, Brazil, and IMF participated in the meeting, and discussed measures to address global imbalances and to realize sustainable growth.
- State Minister HORII made the following remarks:
- We need to address large and persistent global imbalances as they could lead to heightened trade tensions.
- We need to address Non-Market Policies and Practices and overcapacities resulting from them, which contribute to widening global imbalances.
- Each country should implement policies that reduce excessive imbalances.
- We should draw on the IMF, as a neutral international institution, for data-based, objective analysis and policy recommendations and enhance cooperation with the OECD, which has strengths in micro, sector-specific analysis. Discussions in fora such as the G20 and the I MF Executive Board are also important.
- Based on today’s discussion, participating countries expressed hope that each country will address this issue more effectively.