What is being discussed at the G7
From the technological dominance of China to the ecological transition to vaccinations in low-income countries: these are the topics of the meeting's agenda
Joe Biden and Boris Johnson at the G7 in Carbis Bay (Photo: Ipa) In the small the town of Carbis Bay, in Cornwall, the work of the G7, the summit of political leaders of the most important economies in the world, is starting. In addition to Italy, Canada, France, Germany, Japan, the United Kingdom, the United States, plus the European Union are part of it. It is the first summit in attendance since the beginning of the pandemic and coincides with the first visit by US President Joe Biden to Europe.Among the topics on the summit table will certainly be the environment, the new global tax on multinationals approved by the G7 finance ministers, the pandemic situation and the global vaccination campaigns. The guest of stone will probably be China, whose economic and technological rise worries all the other powers. British Prime Minister Boris Johnson also invited Australia, South Korea and India, China's main rivals in the Indo-Pacific, to the meeting. Finally, the last major issue will be the revitalization of relations between the United States and other countries, in the hope of strengthening multilateralism, after the years of isolation caused by the previous administration led by Donald Trump.
At least in Biden's intentions, this G7 and the subsequent NATO meeting on Monday 14 June will be the first occasions to demonstrate that the United States is back on the world stage and is ready to resume its leadership role. The goal would be to revive global democracies, according to The Atlantic, as a function of the containment of China, the main competitor of the United States. Biden is moving his policy precisely in order to win the global competition against the Asian dragon, both on the economic and technological level, and on that of international influence.
The other hot topics are the fight against change climate and the support of developing countries in the ecological transition and the abandonment of fossil fuels. Achieving the goals set by the Paris Agreement will be the cornerstone of the COP26 international climate conference, which will also be held in the United Kingdom in November. The G7 countries have promised to reach zero emissions in 2050, but, according to the International Energy Agency, it is the emerging economies that produce 90% of the emissions. This is why it is essential that the richer countries find an agreement to support other economies in the transition to cleaner energy sources.
Finally, the last fundamental theme will concern the status of the pandemic and the actions to be taken to complete the vaccination campaign around the world. According to Euractive, the leaders of the G7 could come out of the summit with the promise to donate about a billion vaccines to all the poorest nations. However, the inequalities in vaccine distribution are so wide that the nongovernmental organization Oxfam has speculated it could take more than 50 years for low-income nations to achieve the same level of coronavirus protection as richer powers. Thus launching an appeal for greater commitment.
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Topics
China Climate Coronavirus Europe Italy United States Vaccines Coronavirus vaccine globalData.fldTopic = "China, Climate, Coronavirus, Europe, Italy, United States, Vaccines, Coronavirus vaccine"
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