Bare-bones G-7 statement fails to light the way for global economy

Summit highlights bloc's limitations in a protectionist world

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French President Emmanuel Macron and U.S. President Donald Trump with other leaders at the G-7 summit in Biarritz, France. © Reuters

YUTA SAITO and TOGO SHIRAISHI, Nikkei staff writers

BIARRITZ, France -- Group of Seven leaders wrapped up a three-day summit on Monday with a terse statement affirming cooperation on a handful of regional conflicts, as members shied away from topics held dear to their hearts.

Discussions on divisive topics like the trade war and global warming were limited, if they happened at all. The gathering raised questions on the G-7's future role in confronting threats facing the global economy, especially as emerging countries gain more political clout.

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