G7 to discuss crisis in steel overcapacity

G7 to discuss crisis in steel overcapacity

World May 20, 2016 06:15

- G7, discuss seven richest industrialized countries, measures next week at their meeting in Japan to reduce global industrial overcapacity. According to the White House's actions will focus on the surplus of steel and aluminum.

G7 hope to exert their influence on those countries that are mainly responsible for overcapacity. These include to South Korea, Brazil, India and China.,, The global problem requires a global approach, '' said a security adviser to the White House.

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