“G7 Summit Day 2: Discussion on Economic Security, Climate Change, and Engagement with Partners”

2023-05-19 22:00:00

On the second day of the G7 Summit (Hiroshima Summit), on the second day of the 20th, following discussing economic security, etc., an expanded meeting will be held with the leaders of invited countries such as Prime Minister Modi of India and President Yun Seol-yeol of South Korea. . Exchange opinions on issues such as climate change, energy, and health.

In the morning, under the title of “Strengthening Engagement with Partners,” the G7 countries will discuss their relationships with the emerging economies of the Global South and the 20 countries and regions (G20).

The themes of the working lunch are “economic resilience” and “economic security.” With China’s movements in mind, we will discuss how to deal with “economic coercion” that puts pressure on trade. In addition, the G7 will share the current status of supply chains in various industries such as semiconductors, food, and fertilizer, and discuss medium- to long-term directions for strengthening them.

G7 leaders pose for a commemorative photo (19th, Itsukushima Shrine, Hiroshima)

Source: Japan Pool/Bloomberg

After that, Prime Minister Fumio Kishida welcomes the leaders of eight countries, including India, which is the G20 chair, Indonesia, which is the chair of the Association of Southeast Asian Nations (ASEAN), Comoros, which is the chair of the African Union, South Korea, and Vietnam, as well as heads of international organizations.

The expanded meeting, which welcomes invited countries, will explore “coordinated responses to complex crises” in a wide range of areas, including food, health, development and gender. In addition, in the fields of climate and energy, a session titled “Common Efforts for a Sustainable World” will be held to exchange opinions.

Speaking to reporters on the night of the 19th, Prime Minister Kishida explained the significance of proceeding with dialogue, saying, “The G7 alone cannot deal with the issues to be discussed at the expanded meeting, and it is necessary to cooperate with partners in the international community to deal with them.” Told.

The G7, which has severely criticized Russia over the situation in Ukraine, has not kept pace with emerging countries, which are concerned regarding the economic impact on their own countries. At the G20 summit meeting held in November last year, the United States, Europe and Russia were at odds over economic sanctions once morest Russia, and a summit declaration was adopted that included both sides’ claims.

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