	balladur urges g to respect louvre accord french finance minister edouard balladur said the group of seven g industrial countries should respect pledges on monetary policy made in the february louvre accord on currency stability we have to strengthen the cooperation between the seven major industrial countries and remind ourselves of the pledges we made at the louvre he told journalists they were not simply pledges to maintain currency stability but also to conduct a certain type of economic and monetary policy he added balladur s comments came after u s treasury secretary james baker said on sunday that the u s would have to re examine the louvre accords in the light of the rise in west german short term interest rates balladur was one of the main architects of the louvre accord and has invested considerable political capital in defending them reuter 
