From a French perspective, the hosts will “want to try to manage this G-7 so it doesn’t turn into another embarrassing mess with everyone arguing with each other,” Constantine Fraser, European political analyst at the TS Lombard research group, told CNBC via telephone.
“I think it is quite possible” there will be no joint communique at the end of this year’s summit, Fraser said, before adding the statement was now little more than an “increasingly desperate fig leaf.”
“The G-7 is no longer for the world’s richest countries to show a united front… And the lack of a joint communique is a recognition of where we are at,” Fraser said.
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