Page 3 - G7

Japan, UK look to boost security ties under new pact on sidelines of G7

Japanese and British foreign and defense ministers are to talk on Tuesday about deepening their military cooperation under a new security pact that allows their militaries to enter each other's turf for joint exercises. Japan and Britain have expanded their cooperation in recent years amid concern about China's growing influence. Japan, whose only treaty ally is the United States, has signed the Reciprocal Access Agreement with Australia and the UK so far, making them semi-allies. The talks in Tokyo among Japanese Foreign Minister Yoko Kamikawa and Defense Minister Minoru Kihara and Britain's Foreign Secretary James Cleverly and Defense Secretary Grant Shapps are the first since the RAA took effect in mid-October. They are meeting on the sidelines of the meeting of foreign ministers from the Group of Seven advanced nations on Tuesday and Wednesday that are expected to focus on the Israel-Hamas war, the Russia-Ukraine war and tension in the Indo-Pacific region. The four ministers' .

G7 FMs to meet in Japan with focus on Israel-Hamas conflict, Ukraine

Foreign ministers from G7 countries will meet in Japan's Tokyo this week to discuss the middle east war and the Ukraine conflict, while making efforts to prevent a regional conflagration.

G7 to agree on artificial intelligence code of conduct for companies

The voluntary code of conduct will set a landmark for how major countries govern AI, amid privacy concerns and security risks, the document seen by Reuters showed

G-7 nations back strong supply chains for energy, food despite tensions

Trade and economy officials from the Group of Seven wealthy democracies strengthened their pledge on Sunday to work together to ensure smooth supply chains for essentials like energy and food despite global uncertainties. The nations promised to maintain a free and fair trading system based on the rule of law and enhancing economic resilience and economic security, officials said in a joint statement. Foreign Minister Yoko Kamikawa, who co-hosted the two-day event in the western city of Osaka, pointed to Russia's invasion of Ukraine and the Israel-Hamas war as the latest threats to stable energy and food supplies. We nations that share important values have a position of responsibility amid growing uncertainties, she said in closing the meeting, stressing democracy, inclusiveness and human rights. Worries are growing among developed nations about maintaining a stable supply of computer chips as well as essential minerals, like lithium, which are critical these days amid the demand

US working with G7 nations to compete with China's Belt and Road Initiative

The US is working with other G7 members to compete with China's Belt and Road Initiative through a network of infrastructure projects, including a railroad connecting Saudi Arabia with Europe, President Joe Biden said. On the sidelines of the G20 Summit in September, key leaders of the world led by Prime Minister Narendra Modi and Biden had announced the launch of the ambitious India-Middle East-Europe Economic Corridor. "We are going to compete on that (Belt and Road Initiative) and we're doing it in a different way. The Belt and Road Initiative has ended up in debt and a noose for most of the people (nations) who have signed on," Biden said at a Rose Garden news conference with visiting Australian Prime Minister Anthony Albanese. He said that they are working with G7 partners to provide infrastructure for those nations. The Group of Seven (G7) comprises the UK, Canada, France, Germany, Italy, Japan and the United States. "We want to, for example, at the G20, we were able to act

US planning crackdown on Russian G7 oil sanctions evasion, says Yellen

Yellen said the recent surge in bond yields has not created dysfunction in US financial markets

Russian oil trading close to $100 defying increasingly redundant G7 cap

G-7 officials have been long indicating that they have no intention of revisiting the cap for the time being, despite spot prices surging far above the threshold for Russian exports

G7, G20 nations should collaborate on climate action: Think tank ADBI

A leading Asian think tank Thursday called for G-7 and G-20 member nations to collaborate on climate action by going beyond energy transitions and building climate-resilient infrastructure. In a blog post, the Asian Development Bank Institute said G7 can lead the global efforts to build climate-resilient infrastructure and systems, while G20 nations can focus on embedding sustainability into their urban development and agricultural practices. The ADBI noted G20 members such as China, India, Indonesia still continue to depend on coal-fired power plants for their electricity generation which "evoke concerns about humanity's future in the face of the climate crisis". "Such conflicting signals from major nations render the future of climate action uncertain," it said. The think tank also suggested that the G7 and G20 countries should collaborate at the financial level. "Although developed countries have pledged to provide 100 billion dollars annually in climate finance to developing .

G20 explained: Details on the global bloc, its history & India's presidency

G20 nations account for about 85% of the global GDP, 75% of global exports and around 60% of the global population

Japan minister praises PM Modi's 'inputs' for G7 success in Hiroshima

He extended Japan's support to India's G20 presidency, regarding the environment, the concept of LiFE (Lifestyle for Environment) introduced by Prime Minister Modi

G7 nations' position on war in Ukraine will remain same, says Japan

Japan on Friday said the position of the G7 nations on the war in Ukraine will remain same and it is up to the Indian presidency of the G20 to build consensus on the text to refer to the crisis in the leaders' declaration to be adopted at the upcoming summit of the grouping. India, the current president of the G20, is facing the uphill task of building consensus on the issue in view of sharp differences between the West and Russia-China. Yukiko Okano, the deputy press secretary in Japan's foreign ministry, told reporters in Delhi that the Ukraine crisis figured in the talks between Japanese foreign minister Yoshimasa Hayashi and his Indian counterpart S Jaishankar on Thursday evening. Okano, who is accompanying Hayashi in his two-day visit to India, said at a media briefing that the G7's position on Ukraine will not change. "I think our position will remain the same as G7 countries, whichever forum we would voice out our concerns and our objection relating to Ukraine," she said. "

Ukraine wins G7 security pledges but Nato membership remains elusive

Ukrainian President Volodymyr Zelenskyy welcomed fresh pledges of weapons and ammunition to fight Russia's invasion along with longer-term security commitments from the West on Wednesday even as he expressed disappointment over the lack of a clear path for his country to join NATO as the alliance wrapped up its annual summit. "The Ukrainian delegation is bringing home a significant security victory for the Ukraine, for our country, for our people, for our children," he said while flanked by U.S. President Joe Biden and other leaders from the Group of Seven most powerful democratic nations. A joint declaration issued by the G7 lays the groundwork for each nation to negotiate agreements to help Ukraine bolster its military over the long term. Zelenskyy described the initiative as a bridge toward eventual NATO membership and a deterrent against Russia. "We will not waver," Biden vowed after the summit in Lithuania ended. "I mean that. Our commitment to Ukraine will not weaken. We will

Xi Jinping's metal curbs risk backfiring as G-7 seeks alternative to China

The new export licensing system highlighted China's dominant position in global production of gallium and germanium, which are used to make chips, electric cars and telecommunications equipment

G7 to work closely following Russia uprising: Japanese PM Kishida

He made these remarks in reference to the rebellion that seemed to have dealt a blow to the authority of Russian President Vladimir Putin

Ukraine, India discuss implementation of Zelenskyy-Modi's G7 agreements

Head of the Office of the President of Ukraine Andriy Yermak had a phone call with National Security Advisor to the Prime Minister of India Ajit Kumar Doval on Wednesday

Debt call with McCarthy 'went well', will talk again today: Joe Biden

"It went well," the president told reporters as he arrived back at the White House after a three-day meeting with G7 leaders in Japan. "We'll talk tomorrow"

PM Modi, New Zealand counterpart discuss full range of bilateral ties

Prime Minister Narendra Modi on Monday met his New Zealand counterpart Chris Hipkins during which they discussed the full range of bilateral ties and ways to expand cooperation in various sectors like trade and commerce, education and sports. Modi arrived here on Sunday on his maiden visit to Papua New Guinea to host a key summit between India and 14 Pacific island countries to boost bilateral ties. Modi met Hipkins on the sidelines of the Forum for India-Pacific Islands Cooperation (FIPIC) summit. "Giving fresh impetus to India-New Zealand relationship. PM @narendramodi met PM @chrishipkins of New Zealand in Port Moresby. The two leaders, in what was their first interaction, discussed expanding cooperation in various sectors including trade & commerce, education, culture, sports and people-to-people ties," the Ministry of External Affairs tweeted. "Had an excellent meeting with New Zealand PM @chrishipkins and discussed the full range of India-NZ relations. We talked about how t

G7 ends with Ukraine in focus as Prez Zelenskyy meets world leaders

Ukrainian President Volodymyr Zelenskyy huddled with some of his biggest backers as the Group of Seven summit closed in Hiroshima on Sunday, building momentum for his country's war effort even as Russia claimed a battlefield victory that was quickly disputed by Ukraine. The Ukrainian leader's in-person appearance in his trademark olive drab underscored the centrality of the war for the G7 bloc of rich democracies. It also stole much of the limelight from other priorities, including security challenges in Asia and outreach to the developing world, that the leaders focused on at the three-day gathering. Hosting Japanese Prime Minister Fumio Kishida said the group was committed to strong backing for Ukraine from every possible dimension. Zelenskyy held two major rounds of meetings Sunday, one with G7 leaders and a second with them and a host of invited guests including India and South Korea. He also spoke one-on-one with several leaders. Hanging over Sunday's talks was the Russian cl

Zelenskyy seeks support from leaders of G7 countries on Ukraine conflict

All the allies and partners have achieved a level of cooperation which ensures that democracy, international law, and freedom are respected, Zelenskyy said adding that "Democracy needs more"

PM Modi wraps up 'fruitful visit to Japan,' departs for Papua New Guinea

Prime Minister Narendra Modi on Sunday wrapped up his "fruitful visit to Japan," and departed for Papua New Guinea