G7 Communique

G-7 countries to hold emergency meeting as Israel-Iran conflict escalates

Italy, which holds this year's G-7 presidency, will host the extraordinary call on Wednesday. Foreign Minister Antonio Tajani told Parliament time was of the essence to avoid further escalation

G7 to explore ways of using frozen Russian assets to help Ukraine

The G7 and its allies froze some $300 billion of Russian assets shortly after Moscow invaded its neighbour in February 2022

None of G7 economies on track to meet 2030 mitigation targets, shows report

None of the G7 members are on track to meet their existing emission reduction targets for 2030, according to a new analysis released on Tuesday. The analysis by Climate Analytics, a global climate science and policy institute, comes ahead of the G7 climate, energy, and environment ministers' meeting in Venaria Reale, Italy, during April 28-30. The G7 collectively aims to achieve a 40-42 per cent emission reduction by 2030 but existing policies suggest that it will likely achieve only 19-33 per cent by the end of this decade, the analysis showed. This is at best around half of what is needed and would lead to greenhouse gas emissions in 2030 exceeding a 1.5 degrees Celsius compatible level by around four gigatonnes of carbon dioxide equivalent. Such a shortfall in ambition does not provide the leadership signal needed from the world's richest countries, making up around 38 per cent of the global economy and responsible for 21 per cent of total greenhouse gas emissions in 2021, the .

Goyal urges G7 members to collaborate to facilitate cross border trade

Commerce and Industry Minister Piyush Goyal on Saturday urged the countries participating in the G7 trade ministers meeting to enhance collaboration on a regulatory framework to facilitate cross border trade. The Group of Seven (G7) trade ministers meeting was held in Osaka, Japan. Under its G7 presidency this year, Japan has invited India, along with a few other invitee countries (Australia, Chile, Indonesia, and Kenya) to participate in the outreach programme held on October 28. In the meeting, Goyal urged the governments to collaborate on a regulatory framework to ease the movement of supply chains and facilitate cross border trade, an official statement said. He said the Covid-19 pandemic and geopolitical events have highlighted the vulnerabilities of the existing supply chains leading to increase in commodity prices and global inflation. The Russia-Ukraine war, conflict between Israel and Hamas and global economic uncertainties are impacting flow of goods across the world. ..

G7 members condemn Russia's war of aggression, pledge to stand with Ukraine

The members also issued a strong condemnation of the escalation of attacks on civilians and civilian infrastructure

'No impunity': G7 vows tough, unified stance on Russia-Ukraine war

Top diplomats from the Group of Seven wealthy democracies vowed a unified front against Chinese threats to Taiwan and Russia's war of aggression in Ukraine, saying at the close of their meetings Tuesday that they were committed to boosting and enforcing tough sanctions against Moscow. The G-7 communique laying out their commitments also included strong words over an unprecedented run of North Korean missile tests. But it was China's growing assertiveness in Asia and Russia's invasion of Ukraine that highlighted the three-day summit hosted by Japan in this hot springs resort town. There can be no impunity for war crimes and other atrocities such as Russia's attacks against civilians and critical civilian infrastructure, the ministers said. We remain committed to intensifying sanctions against Russia, coordinating and fully enforcing them, the communique said, and would support for as long as it takes" Ukraine as it defends itself. The foreign ministers' communique was prepared as a

G7 countries condemn North Korea's continued ballistic missile tests

"We deeply regret that the DPRK, with the most recent launches, has also abandoned its self-declared moratorium on ICBM launches," the G7 Foreign Ministers said in a joint communique after a meeting

G7 reaches agreements to phase out coal power generation: German minister

The pledge would mark the first commitment from the G7 to quit coal-fuelled power - use of which needs to decrease if the world is to avoid the worst impacts of climate change

Charlevoix G7 Summit 2018: Read full text of the communique

The G7 leaders said they were resolved to working together in creating a healthy, prosperous, sustainable and fair future for all

China slams mention of East, South China Sea in G7 communique

China is locked in disputes with Japan, Philippines and other countries in East and South China Sea