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Top government and central bank officials from Japan and the European Union will hold a bilateral financial meeting in Tokyo next week to discuss foreign exchange developments and China’s dollar-pegged currency system, EU sources said Thursday.

It will be the first time that officials from the Bank of Japan and the European Central Bank have taken part in the annual vice ministerial meeting, marking its 15th anniversary this year, the sources said.

The Japanese and EU officials are also expected to discuss the world economy, the continued upswing in crude oil prices and the progress in Japan’s bad-loan problems at banks, they said.

The meeting is scheduled for Thursday.

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