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Post at: Aug 07 2021

47th G7 Summit

Recent Context

  • 47th G-7 leaders Summit 2021 took place in hybrid format (video conferencing + limited on site presence) form June 11-13, 2021 at Carbis Bay,Cornwall, UK.
  • It was hosted by United Kingdom (UK) as it has the presidency of G-7 for 2021.

Background

  • It is grouping of major wealthy powers created in 1975. It consist of United Kingdom, United States, Canada, Japan, Germany, Italy and France, Plus the EU.
  • Russia also joined the grouping in 1998 and it became group of eight i.e. G-8. However Russia was evicted in 2014 after its annexation of Crimea.
  • Originally it was established as a vehicle for leading industrial democracies to discuss global economy, however now it has expanded its scope to issues such as peace, security, climate change and now Covid Pandemic.
  • G-7 accounts for close to 60% of global net wealth and is based on shared values of pluralism and representative government.

G-7 Summit 2021

                         

Move Against China

  • G7 released joint statement (not signed by India) hitting at China on human rights violations in Xinjang & Hong Kong.

India at G-7 Summit, 2021

  • PM Narendra Modi participated in 1st Outreach session of G-7 summit and was lead speaker for session ‘Building Back Stronger-Health’.   

@  Kameshwar Shukla


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