10 Dec 2025, Wed

G7 finance ministers discussed export controls and critical minerals in call, Canada says

TORONTO, ⁠Dec 8 (Reuters) – ⁠Canadian Finance Minister Francois-Philippe ⁠Champagne chaired a virtual meeting ​of G7 finance ministers ‍on Monday to discuss export controls and ​critical minerals, the finance ministry said in a statement.

“An ​important point of ⁠consensus was the ‌concern regarding the application of non-market ⁠policies, ​including export controls, to ‌critical minerals supply chains, citing significant ‍negative macroeconomic consequences, increased price volatility, and a deterioration in global growth prospects,” the ministry said.

(Reporting by Bhargav ⁠Acharya ‌in ⁠Toronto;)