The G20 Finance Ministers and Central Bank Governors Meeting will be held in Asheville, North Carolina, from the 31st, with inflation-control measures, responses to Middle East risks and the appropriate use of AI expected to be in focus. The United States aims to secure adoption of a joint statement, while attention will center on whether the participating countries can align their positions.
The meeting will be held for 2 days from the 31st in Asheville, North Carolina, and will discuss the impact on the global economy of accelerating inflation and rising interest rates amid growing instability in the Middle East. Concerns over elevated long-term interest rates and mounting government debt will also be addressed, with coordination of monetary policy identified as a challenge.
The United States, which holds the chair, aims to secure adoption of a joint statement, but it remains unclear whether the countries can align their positions on international cooperation given the US role as a party to the conflict in the Middle East. The countries will be called on to balance growth and stability by promoting private-sector investment through deregulation while maintaining cybersecurity and other safety measures.
The development and use of cutting-edge AI will also be in focus. While the countries seek to boost growth potential, addressing the risk of misuse in cyberattacks and other activities is also considered urgent. The countries are expected to exchange views on the appropriate framework for AI regulation and the balance between regulation and deregulation.
Japan is expected to be represented by Finance Minister Katayama Satsuki (片山さつき) and Governor Ueda Kazuo (植田和男), and attention will also focus on exchanges of views between Japanese and US fiscal and financial authorities. The possibility of talks with US Treasury Secretary Bessent (ベセント) has also been reported, drawing interest in the outlook for coordination on currency policy, including efforts to correct the yen’s depreciation.