You are here: Home » International » News » Politics
Business Standard

G7: Joe Biden to speak at virtual meeting of world's major economies

Biden will emphasize the need for global coordination on vaccine production, distribution and supplies, as well as global efforts to prepare for and protect against future pandemics

Topics
Joe Biden | US economy | White House

AP  |  Washington 

President Biden signs executive orders inside the Oval Office at the White House in Washington
President Biden signs executive orders inside the Oval Office at the White House in Washington

President will speak at a virtual meeting of the world's major economies on Friday to discuss the coronavirus pandemic and global vaccine distribution, according to the

Biden is expected to speak about the need for a global response to the pandemic and to recommit the U.S. to multilateral engagement, a stark contrast from President Donald Trump, who developed an isolationist foreign policy that saw the U.S. withdraw from major global agreements and alliances. Since entering office, Biden has reversed many of Trump's isolationist moves, including by rejoining the World Health Organization.

During his appearance at the G-7 meeting Friday, Biden will emphasize the need for global coordination on vaccine production, distribution and supplies, as well as global efforts to prepare for and protect against future pandemics. And he'll speak about the need for industrialized nations to ensure their economic recovery is inclusive and benefits all workers, including women and members of historically disadvantaged groups, the said in a statement Sunday.

The United States has also pledged to join the COVAX initiative, which is aimed at producing and distributing vaccines to developing countries.

Biden will also take the opportunity to discuss the need to update global rules to tackle economic challenges such as those posed by China, the said. Biden has pushed for the U.S. and its allies to negotiate a new trade pact to counter China's influence in the region.

The G-7 event marks Biden's first major multilateral engagement as president, and a return to the diplomacy that characterized so much of his tenure as vice president.

On the same day, Biden is set to participate in a special edition of the Munich Security Conference, a gathering of global leaders focused on defense. The television broadcast is taking the place of the previously scheduled conference, which was postponed due to the pandemic. As vice president, he attended the Munich Security Conference in 2009 and 2015.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, February 15 2021. 06:41 IST
RECOMMENDED FOR YOU
.