G7 leaders meeting for the first time in two years… Seeking joint response to Corona and China

The leaders of the seven major countries (G7) will gather in one place for the first time in two years to find a joint response plan for the novel coronavirus infection (COVID-19), China and climate change.

The leaders of the United States, Britain, France, Germany, Italy, Canada and Japan will meet for the first time since the COVID-19 outbreak at the Cabis Bay Hotel in Cornwall, southwestern England, on the 11th and 13th (local time).

It is observed that the G7 meeting will serve as a test bed to show whether Western democracies, including the United States, are still capable of taking the lead in solving problems common to mankind.

G7 Summit Logo

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◇ Common tasks such as COVID-19, China, and climate change

The core agenda of the G7 summit is the COVID-19 crisis that has struck the world. For a ‘better reconstruction’, consultations are needed in various areas, from the supply of vaccines to low-income countries to economic recovery.

The UK, the chair country, has proposed setting a goal for the world to be vaccinated by the end of next year.

The threat from China is also on the agenda. The United States and others hope to establish a common position on China in areas such as fair trade and human rights.

It is also known that China’s “One Belt, One Road” initiative will be put on the agenda. Western countries suspect that China is expanding its influence by providing funds for infrastructure maintenance in developing countries along the Belt and Road Initiative and then using this as a weakness to secure a military base.

Even if China is not specified in the Joint Statement (Communique), it is likely that a silent message will be transmitted to China just by having one voice in the ‘Meeting of Wealthy Democratic Countries’. There was no communique at the 2019 G7 meeting in France.

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Cabis Bay Hotel, Cornwall to host the G7 summit

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Russia is also a topic of discussion. France even proposed to invite the Belarusian opposition leader to the G7. Russia is known to support the Belarusian president.

After the G7 meeting, the NATO summit and the EU summit, President Biden is about to meet with Russian President Vladimir Putin with a unified message.

Climate change, which threatens the Western economic model, is also considered an urgent task.

The UK is likely to set a goal of reaching carbon neutrality by 2050 and urge participation. The UK is trying to take the lead in climate change-related discussions ahead of the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26) in November.

◇ Biden’s first overseas tour… President Moon Jae-in attended

The G7 summit is expected to mark the return of the United States after the Trump era and the revival of multilateral diplomacy.

US President Joe Biden has made his first overseas trip with the G7 as an opportunity and is expected to meet with British Prime Minister Boris Johnson and other leaders. It is also noteworthy whether South Korea, US and Japan will meet.

President Moon Jae-in was invited along with the leaders of Australia, South Africa and India. India will not participate due to the domestic COVID-19 situation.

Korea was invited in 2008 when Japan was the chair country, and was invited by the United States last year, but the meeting was not held due to Corona 19 at that time.

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Ports near the G7 Summit Hall

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On the first day of this meeting, member countries will first discuss current issues such as international finance and political affairs, and from the next day onwards, agendas such as health and open society will be discussed at an expanded meeting in which the inviting countries also participate.

This will be the last meeting for German Chancellor Angela Merkel, who is about to step down, and French President Emmanuel Macron will also depend on the outcome of next year’s elections.

Italian Prime Minister Mario Draghi and Japanese Prime Minister Yoshihide Suga are the first.

◇ Do you want to find an actual solution beyond the G7 ‘good words’? China’s pressure

The G7 countries will show harmony compared to the Trump era, but it is noteworthy how much practical agreement can be reached by adding ‘good words’.

It is self-evident that the COVID-19 situation will not end just because only one country gets the vaccine right now, but if you look into it, the UK has made a contribution just by contributing to the development of the AstraZeneca vaccine. vaccinated from

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G7 summit video conference held in February

picture explanationG7 summit video conference held in February

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Regarding China, European countries are more vigilant than in the past, but there is a difference in temperature between the United States, which is fighting for hegemony, and Britain, whose pride has been damaged by the Hong Kong issue. In particular, Germany is cautious as it is the largest exporter, and Japan is also more concerned about China’s military activities than the Xinjiang Uyghur human rights issue.

Ironically, China’s participation is essential to achieve results in the issues the G7 is struggling with, such as COVID-19, climate change, and the IT supply chain.

Excluding China, there is a limit to the fact that the current composition of the G7 is too biased towards Western countries. When established in 1975, the G7 members accounted for 80% of the world’s gross domestic product (GDP), but now only 40%, the Financial Times (FT) reported. It is said that there is an intention to supplement this point in the background of inviting Korea and others.

Meanwhile, the fact that last week’s finance ministers’ meeting set a minimum corporate tax rate of 15% or higher and agreed that multinational conglomerates pay taxes where they make money is also evaluated as proof that the G7 is actually working.

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Artworks in the vicinity of the G7 Summit Hall

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