Page 8 - G7 Summit

G7 announces unified stance on Israel-Hamas war after intensive meetings

Top diplomats from the Group of Seven leading industrial democracies announced a unified stance on the Israel-Hamas war on Wednesday after intensive meetings in Tokyo, condemning Hamas, supporting Israel's right to self-defense and calling for humanitarian pauses to speed aid to desperate civilians in the Gaza Strip. In a statement following two days of talks, the nations sought to balance unequivocal criticism of Hamas' attacks against Israel and the need for urgent action to help civilians in the besieged Palestinian enclave. All parties must allow unimpeded humanitarian support for civilians, including food, water, medical care, fuel and shelter, and access for humanitarian workers, said the statement, hammered out by US Secretary of State Antony Blinken and foreign ministers from Britain, Canada, France, Germany, Japan and Italy. We support humanitarian pauses and corridors to facilitate urgently needed assistance, civilian movement and the release of hostages. The G7 meeting

Hamas war: G7 announces unified stance supporting Israel after Tokyo meet

Top diplomats from the Group of Seven leading industrial democracies announced a unified stance on the Israel-Hamas war on Wednesday after intensive meetings in Tokyo, condemning Hamas, supporting Israel's right to self-defence and calling for humanitarian pauses to speed aid to desperate Palestinian civilians in the Gaza Strip. In a statement, the nations sought to balance criticism of Hamas' attacks against Israel and a push for urgent action to help civilians in the besieged Palestinian enclave in need of food, water, medical care and shelter. US Secretary of State Antony Blinken and foreign ministers from Britain, Canada, France, Germany, Japan and Italy emphasised that they support humanitarian pauses to facilitate urgently needed assistance, civilian movement and release of hostages. There was also condemnation of the rise in extremist settler violence committed against Palestinians, which the ministers said is unacceptable, undermines security in the West Bank, and threatens

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. ..

Goyal condemns terrorism, stresses unity with G7 as Israel crisis soars

Goyal's remarks reflect a close and growing interplay between trade and geopolitical tensions around the world, amid concerns that the conflict in the Middle East could spread

Russia will never be seen as reliable energy supplier: US energy official

Russia has played down the impact of Western sanctions, saying they are used by the United States to eliminate Moscow as a competitor in global energy supplies

New Delhi G20 summit has changed the nature and scope of global dialogue

The common concern of nations is international fairness and justice, with Bharat playing a bridging role

G7, G20 nations should collaborate on climate action: Think tank ADBI

A leading Asian think tank Thursday called for G-7 and G-20 member nations to collaborate on climate action by going beyond energy transitions and building climate-resilient infrastructure. In a blog post, the Asian Development Bank Institute said G7 can lead the global efforts to build climate-resilient infrastructure and systems, while G20 nations can focus on embedding sustainability into their urban development and agricultural practices. The ADBI noted G20 members such as China, India, Indonesia still continue to depend on coal-fired power plants for their electricity generation which "evoke concerns about humanity's future in the face of the climate crisis". "Such conflicting signals from major nations render the future of climate action uncertain," it said. The think tank also suggested that the G7 and G20 countries should collaborate at the financial level. "Although developed countries have pledged to provide 100 billion dollars annually in climate finance to developing .

G20 explained: Details on the global bloc, its history & India's presidency

G20 nations account for about 85% of the global GDP, 75% of global exports and around 60% of the global population

BRICS economies catching up with combined GDP of G7 countries: Piyush Goyal

BRICS is the driving force of global growth and the economies in the five-member bloc are catching up with the combined GDP of G7 countries, with significant shifts in the manufacturing process, Union Minister of Commerce Piyush Goyal said here on Monday. He was speaking at the opening ceremony of the BRICS Manufacturing Business Summit. The 21st century has witnessed significant shifts in what we manufacture, how we manufacture and for whom we manufacture, Goyal told delegates from more than 30 countries at the event. Manufacturing is a significant part of trade and industry and plays a pivotal role in the growth of a nation. While its dominance in the economy continues, the 21st century has witnessed a significant shift in what we manufacture, how we manufacture and what we manufacture, he said at the summit. The summit was one of the peripheral events ahead of the 15th BRICS Summit at which the leaders of the member countries - Brazil, Russia, India, China and South Africa - wil

Human rights situation in Tibet 'major concern to us': G7 leaders

"This communique by G7 leaders shows that China's abuses in Tibet have not escaped the attention of some of the most influential leaders on the planet"

Time to reform both Security Council and Bretton Woods system: UN chief

G7 calls for constructive and stable relations with Beijing

'Silly balloon' changed it all: says US President Biden on US-China ties

Meanwhile, China tells tech makers to stop using Micron chips

The end of 'decoupling'?

A more nuanced vision of the future of supply chains and economic security has emerged from the G7 summit

Outreach at Hiroshima

Calibrated diplomacy stood India in good stead

LIVE: Sonia Gandhi, Mallikarjun Kharge pay tribute to Rajiv Gandhi

Catch live updates from across the globe here

What is the 10-point action plan PM Modi gave at G7? All you need to know

The 10-point action plan focuses on checking food wastage, depoliticising global fertiliser supply chains, shifting focus to millets, natural farming and more

Top headlines: Centre may delay ECGC IPO; G7 sets net zero target at 2050

Business Standard brings you top news at this hour

LIVE: Success, security of Indo-Pacific important for whole world, says PM

Catch live updates from across the globe here

G7 meet: Climate change, energy security biggest challenges, says PM Modi

Underling that climate change, environmental security and energy security are among the biggest challenges, Prime Minister Narendra Modi said on Saturday that there is a need to increase the scope of discussion and change behaviour to solve these problems. "Today, we stand at a critical juncture in history. We have to listen to the call of the earth. We have to change ourselves, and our behaviour accordingly, Prime Minister Modi said while addressing a G7 session here. Modi said one of the obstacles to facing these challenges is that people look at climate change only from the perspective of energy and added that the scope of discussion should be increased. He said India has created institutional solutions like Mission LiFE, International Solar Alliance, Coalition for Disaster Resilient Infrastructure, Mission Hydrogen, Biofuel Alliance, Big Cat Alliance for the whole world. "We are moving fast towards our goal of Net Zero by 2070. Our vast railway network has decided to reach Net

G-7 leaders agree to set up 'Hiroshima Process' to govern generative AI

The fear is that advancements; which can produce human-sounding text, and generate images, videos, if allowed to progress unchecked, could be a powerful tool for disinformation, political disruption