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Page 4 - G7

PM Modi set to receive many 'rare' honours during his 3-nation tour

On his three-nation visit, Prime Minister Narendra Modi is expected to receive many 'rare' honours which make the trip even more special

PM Modi set to receive many 'rare' honours during his 3-nation tour
Updated On : 21 May 2023 | 10:19 AM IST

Ukraine at centre of last day of diplomacy, G7 looks to punish Russia

World leaders ratcheted up pressure on Sunday on Russia for its war against Ukraine, with Ukrainian President Volodymyr Zelenskyy at the centre of a swirl of diplomacy on the final day of the Group of Seven summit of rich-world democracies. Zelenskyy's in-person attendance at one of the world's premier diplomatic gatherings is meant to galvanise attention on his nation's 15-month fight against Russia. Even before he landed on Saturday on a French plane, the G7 nations had unveiled a slew of new sanctions and other measures meant to punish Moscow and hamper its war-fighting abilities. Ukraine is the overwhelming focus of the summit, but the leaders of Japan, the United States, the United Kingdom, France, Germany, Canada and Italy, as well as the European Union, are also working to address global worries over climate change, AI, poverty, economic instability and nuclear proliferation. Two US allies South Korea and Japan continued efforts Sunday to improve ties that have often been

Ukraine at centre of last day of diplomacy, G7 looks to punish Russia
Updated On : 21 May 2023 | 9:23 AM IST

G7 Summit: PM Modi holds meeting with Brazil's President Lula da Silva

Prime Minister Narendra Modi held bilateral talks with Brazilian President Lula da Silva on Sunday on the sidelines of the G7 Summit in the Japanese city of Hiroshima

G7 Summit: PM Modi holds meeting with Brazil's President Lula da Silva
Updated On : 21 May 2023 | 8:42 AM IST

G7 urges China to press Russia to end Ukraine war, respect Taiwan's status

The Group of Seven wealthy democracies united in urging China to pressure its strategic partner Russia to end its war on Ukraine and resolve territorial disputes peacefully, and China lashed back. In a joint statement, the G7 leaders emphasized they did not want to harm China and were seeking "constructive and stable relations" with Beijing, "recognizing the importance of engaging candidly with and expressing our concerns directly to China". "We call on China to press Russia to stop its military aggression, and immediately, completely and unconditionally withdraw its troops from Ukraine," said the statement Saturday. "We encourage China to support a comprehensive, just and lasting peace based on territorial integrity and the principles and purposes of the UN Charter", including in direct talks with Ukraine. Cooperation with China is needed given its global role and economic size, the group said, in appealing for working together on challenges such as climate change, biodiversity, .

G7 urges China to press Russia to end Ukraine war, respect Taiwan's status
Updated On : 21 May 2023 | 8:22 AM IST

G7 calls majors economies to commit to reaching net zero emissions by 2050

The G7 countries have asked all major economies, including India and China, to commit to reaching net zero emissions by 2050 and let their emissions peak by 2025. They also committed to work together with other developed countries to fully meet the goal of jointly mobilising USD 100 billion annually in climate finance (for the period from 2020 to 2025) this year --three years late -- to help developing and poor countries fight climate change, according to a communique. However, the communique released on Saturday after the meeting of G7 leaders in Hiroshima, Japan, doesn't mention if this amount will be increased for the post-2025 period. The group of seven, comprising the US, France, the UK, Italy, Germany, Canada and Japan, represent the world's richest democracies. Under its G7 presidency, Japan invited India and seven other countries to the summit as guests. "We call on all Parties especially major economies whose 2030 NDC targets or long-term low GHG emission development ...

G7 calls majors economies to commit to reaching net zero emissions by 2050
Updated On : 20 May 2023 | 11:49 PM IST

Quad leaders express concern over humanitarian consequences of Ukraine war

The Quad leaders on Saturday mourned the "terrible and tragic" humanitarian consequences of the war in Ukraine and called for ending the conflict through dialogue and diplomacy while asserting that it must not be an era of war, a formulation that echoed Prime Minister Narendra Modi's position. Modi, US President Joe Biden, Japanese Prime Minister Fumio Kishida and his Australian counterpart Anthony Albanese, the leaders of the four Quad nations, discussed the situation in Ukraine along with other pressing global challenges at the annual summit of the grouping in Hiroshima. In his address at the summit, Modi described the Indo-Pacific region as an "engine" of global trade, innovation and development and said its success and security are important for the whole world. The prime minister emphasised the importance of consolidating Quad's constructive agenda and delivering tangible outcomes for the region. Modi also invited Quad leaders to India for the next summit of the grouping in ...

Quad leaders express concern over humanitarian consequences of Ukraine war
Updated On : 20 May 2023 | 11:53 PM IST

G7 summit: Ukraine President meets leaders, group sharpens China policy

In formal sessions Saturday, the G-7 wealthy democracies focused on China's role in the global economy, unveiling a new mechanism to tackle what they see as economic coercion

G7 summit: Ukraine President meets leaders, group sharpens China policy
Updated On : 20 May 2023 | 10:13 PM IST

G7 nations agree to short-term gas investments amid Russia-Ukraine war

The G7 leaders on Saturday agreed to stronger language on short-term gas investments in the context of Russia's ongoing war against Ukraine and the resulting energy crisis

G7 nations agree to short-term gas investments amid Russia-Ukraine war
Updated On : 20 May 2023 | 4:35 PM IST

PM Modi meets Ukranian President Zelenskyy in Hiroshima on G7 sidelines

Prime Minister Narendra Modi on Saturday held talks with Ukrainian President Volodymyr Zelenskyy on the sidelines of the G7 summit here. It is the first in-person meeting between the two leaders after the Russian invasion of Ukraine in February last year. "PM @narendramodi held talks with President @ZelenskyyUa during the G-7 Summit in Hiroshima," the prime minister's office tweeted. The prime minister arrived in Hiroshima on Friday to attend the annual summit of the G7 grouping in the first leg of his three-nation tour that will also take him to Papua New Guinea and Australia. The Ukrainian president is also attending the G7 summit following an invitation by Japan, the current chair of the powerful grouping.

PM Modi meets Ukranian President Zelenskyy in Hiroshima on G7 sidelines
Updated On : 20 May 2023 | 4:34 PM IST

G7 members stand against Russia's 'unjustifiable' war against Ukraine

They resolved to strengthen disarmament and non-proliferation efforts, towards the ultimate goal of a world without nuclear weapons with undiminished security for all

G7 members stand against Russia's 'unjustifiable' war against Ukraine
Updated On : 20 May 2023 | 3:00 PM IST

PM Modi holds meeting with Kishida; unveils Gandhi's bust in Hiroshima

Prime Minister Narendra Modi met his Japanese counterpart Fumio Kishida on Saturday and later unveiled a bust of Mahatma Gandhi in Hiroshima during his visit to the city to attend the annual summit of the G7 grouping and the third in-person Quad leaders' meeting. During Modi's meeting with the Japanese prime minister, the two leaders discussed ways to enhance India-Japan friendship across different sectors including trade, economy and culture. Ministry of External Affairs Spokesperson Arindam Bagchi, in a tweet, said, "PM Narendra Modi and PM Fumio Kishida of Japan held warm and productive talks." "Discussed ways to synergise efforts of respective G-7 and G-20 Presidencies, and the need to highlight the voice of Global South. Also exchanged views on contemporary regional developments and on deepening cooperation in the Indo-Pacific," he said. "Leaders discussed ways to further strengthen the bilateral Special Strategic and Global Partnership. Education, skill development, tourism,

PM Modi holds meeting with Kishida; unveils Gandhi's bust in Hiroshima
Updated On : 20 May 2023 | 6:45 AM IST

G7 tightens Russia sanctions, looks to cut China trade reliance

G7 leaders, who will be joined this weekend by Ukraine's President Volodymyr Zelenskiy, vowed to restrict any exports to Russia that could help it in its 15-month war against Ukraine

G7 tightens Russia sanctions, looks to cut China trade reliance
Updated On : 19 May 2023 | 11:11 PM IST

Prime Minister Narendra Modi arrives in Hiroshima for G7 and Quad summits

Modi arrived here on the first leg of his three-nation trip to Japan, Papua New Guinea and Australia and is expected to take part in over 40 engagements

Prime Minister Narendra Modi arrives in Hiroshima for G7 and Quad summits
Updated On : 19 May 2023 | 4:46 PM IST

Top Toyota scientist warns against ditching gasoline too soon ahead of G7

While Toyota and other Japanese carmakers pioneered hybrid technology, they have been slow to ramp up EV output

Top Toyota scientist warns against ditching gasoline too soon ahead of G7
Updated On : 18 May 2023 | 1:05 PM IST

S Korea, Japan use G-7 to push improvement in ties long marked by animosity

Amid the high-level efforts to deal with a raft of global emergencies, this weekend's Group of 7 summit of rich democracies will also see an unusual diplomatic reconciliation as the leaders of Japan and South Korea look to continue mending ties that have been marked for years by animosity and bickering. At first glance the two neighbours would seem to be natural partners. They are powerful, advanced democracies and staunch US allies in a region beset with autocratic threats. The continuing fallout, however, from centuries of complicated, acrimonious history, culminating in the brutal 1910-1945 Japanese colonization of the Korean Peninsula, has resulted in more wariness than friendship. A big part of the sudden recent shift in tone is a shared focus on China's growing aggressiveness, t he threat of North Korea's fast-improving arsenal of nuclear-capable missiles and deep worry about how Russia's war in Ukraine is influencing both issues. Some diplomatic nudging by Washington, which

S Korea, Japan use G-7 to push improvement in ties long marked by animosity
Updated On : 16 May 2023 | 11:20 AM IST

G7 and European Union plan to ban restart of Russian gas pipelines

4 Russian military aircraft crash near border with Ukraine

G7 and European Union plan to ban restart of Russian gas pipelines
Updated On : 14 May 2023 | 10:02 PM IST

Kishida, counterparts from G-7 to issue statement on economic coercion

Prime Minister of Japan Fumio Kishida and his counterparts from the Group of Seven (G7) leading democracies are seeking to issue a separate statement with language opposing economic coercion

Kishida, counterparts from G-7 to issue statement on economic coercion
Updated On : 14 May 2023 | 9:38 AM IST

G7 finance leaders say greater economic uncertainty requires vigilance

The Group of Seven's top financial leaders united Saturday in their support for Ukraine and their determination to enforce sanctions against Russia for its aggression but stopped short of any overt mention of China. The finance ministers and central bank chiefs ended three days of talks in Niigata, Japan, with a joint statement pledging to bring inflation under control while aiding those suffering the most from surging prices. They also committed to collaborating to build more stable, diversified supply chains for developing clean energy sources and to enhance economic resilience globally against various shocks. The statement did not include any specific mention of China or assertions regarding economic coercion in pursuit of political objectives, such as penalizing the companies of countries whose governments take actions that anger another country. Talk this week of economic coercion by China had drawn outraged rebukes from Beijing. Officials attending the talks in this port city

G7 finance leaders say greater economic uncertainty requires vigilance
Updated On : 13 May 2023 | 10:58 AM IST

G7 Finance Ministers to meet in Japan to tackle threat from US debt ceiling

The financial leaders of the Group of Seven wealthy nations will meet in Japan beginning on Thursday as a standoff over the US debt ceiling looms as one of the biggest potential threats to the global economy. Treasury Secretary Janet Yellen said one of her priorities in Niigata, a port city on the Japan Sea coast, would be to emphasise the importance of resolving the standoff over the national debt. I will underscore the importance of Congress acting to resolve the debt limit to maintain America's economic leadership and protect the global economy, Yellen said in a tweet Thursday. Yellen also is bound to be seeking to reassure her counterparts over recent bank failures that have raised worries over risks for the global financial system. The finance ministers and central bank governors are meeting for three days ahead of a G-7 summit later this month in Hiroshima. President Joe Biden said on Wednesday that he and congressional leaders had a productive meeting Tuesday on trying to r

G7 Finance Ministers to meet in Japan to tackle threat from US debt ceiling
Updated On : 11 May 2023 | 11:54 AM IST

FM Nirmala Sitharaman leaves for 2-day visit to Japan to attend G 7 meeting

Finance Minister Nirmala Sitharaman on Wednesday embarked on an official two-day visit to Niigata, Japan, to attend a G7 meeting. India is an invitee to G 7 Finance Ministers and Central Bank Governors meeting. "During her visit, FM Smt.@nsitharaman will also have multilateral and bilateral engagements with her counterparts, besides a roundtable meeting with business leaders and investors," a finance ministry tweet said. During her trip, she will address investors and business leaders in Tokyo. Besides, she will address a seminar on 'Economic Policy in Pursuit of Welfare' at the Finance Ministers and Central Bank Governors (FMCBG) meeting while two other sessions--Tackling Immediate Challenges Facing Developing Countries and Strengthening International Cooperation for Sustainable and Inclusive Growth. The G7 is a forum of leading industrialised nations--Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. Representatives of the European Union are alway

FM Nirmala Sitharaman leaves for 2-day visit to Japan to attend G 7 meeting
Updated On : 10 May 2023 | 10:44 PM IST