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WASHINGTON/PARIS (Reuters) - G7 finance ministers on Friday backed an extension of a G20 bilateral debt relief initiative for the world’s poorest countries, but said it must be revised to address shortcomings hindering its implementation. FILE PHOTO: Flags are placed at the G7 summit in Taormina, Italy, May 26, 2017. REUTERS/Alessandro Bianchi. In a lengthy joint statement, the ministers from the Group of Seven advanced economies said they “strongly regret” moves by some countries to skip participation by classifying their state-owned institutions as commercial lenders. Two officials from G7 countries said the reference was clearly targeted at China, which has refused to include loans by t... Full story

25 September