As G7 Italy summit begins on June 13, troubled world leaders focus on Ukraine war, China
The Hindu
Group of Seven (G7) leaders start their annual summit on June 13 looking to double down on support for Ukraine in its war with Russia and offer a united face in confronting China’s political and economic ambitions.
Group of Seven (G7) leaders start their annual summit on June 13 looking to double down on support for Ukraine in its war with Russia and offer a united face in confronting China's political and economic ambitions.
With the Middle East, migration and artificial intelligence (AI) also on a packed agenda, the June 13-15 summit in southern Italy would be taxing for leaders at the best of times, but most of them are also bowed down by their own domestic woes.
U.S. President Joe Biden, facing a tough re-election bid in November, arrived in Italy the day after his son Hunter Biden was convicted of lying about his drug use to illegally buy a gun.
British Prime Minister Rishi Sunak appears destined to lose power in a July 4 election, the leaders of France and Germany are reeling from political defeats, and opinion polls are bleak for the prime ministers of Canada and Japan.
Only the host, Italian Prime Minister Giorgia Meloni, is riding high after triumphing in Italy's European election last weekend, but achieving meaningful results in the luxury Borgo Egnazia hotel resort will be a tall order.
Determined to claim the initiative, the G7 leaders look likely to announce they have agreed on plans to issue $50 billion of loans for Ukraine using interest from frozen Russian assets to back the multi-year debt package.
However officials acknowledge the plan is complex, meaning any deal will only be in principle, with legal experts still having to thrash out the details that will need the backing of European nations, particularly Belgium, which is not in the G7.