Business Standard

First Meeting Of Asia-Pacific Finance Forum On Tuesday

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Media were quick to dub a new forum for discussions among six Asian-Pacific economies the Group of Six, but officials seem keen to play down any expectations that it will yield much more than talk at first.

Analysts were equally wary of predicting any bold new steps when senior central bank and finance ministry officials from the United States, Japan, China, Hong Kong, Singapore and Australia meet in Tokyo on Tuesday to discuss economic policy and financial market matters.

This is going to be the first meeting of this kind, so I really wonder whether any concrete results would come out, although there are topics of common concern, said C H Kwan, a senior economist at Nomura Research Institute.

 

Finance officials from the world's seven leading industrial nations

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First Published: Mar 01 1997 | 12:00 AM IST

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