2024 g7 summit – Artifex.News https://artifexnews.net Stay Connected. Stay Informed. Mon, 17 Jun 2024 10:10:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://artifexnews.net/wp-content/uploads/2023/08/cropped-Artifex-Round-32x32.png 2024 g7 summit – Artifex.News https://artifexnews.net 32 32 China says G7 statement ‘full of arrogance, prejudice and lies’ https://artifexnews.net/article68299668-ece/ Mon, 17 Jun 2024 10:10:07 +0000 https://artifexnews.net/article68299668-ece/ Read More “China says G7 statement ‘full of arrogance, prejudice and lies’” »

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G7 leaders and other participants during the outreach session of 50th G7 Summit, in Apulia.
| Photo Credit: ANI

China hit back on June 17 after G7 leaders warned Beijing to stop sending weapons components to Russia, saying their end-of-summit statement was “full of arrogance, prejudice and lies”.

When Group of Seven leaders met last week in Italy, souring trade relations with China as well as tensions over Ukraine and the South China Sea were a focus of their discussions.

The statement released at the end of the summit on June 14 criticised China on many of these issues.

It included an accusation against Beijing of sending dual-use materials to Russia, which it said were helping the war effort in Ukraine.

On June 17, China’s Foreign Ministry spokesman Lin Jian said the statement had “slandered and attacked China”.

It had “rehashed cliches that have no factual basis, no legal basis, and no moral justification, and are full of arrogance, prejudice and lies”, he said at a regular press briefing.

The Group of Seven — made up of the United States, Japan, France, Germany, Canada, Britain and Italy — had also taken aim at what it called “dangerous” incursions by China in the South China Sea.

Worries of a military escalation between China and its neighbours are rising, and on Monday Philippine and Chinese vessels collided near the Second Thomas Shoal, according to the Chinese Coast Guard.

“We oppose China’s militarisation, and coercive and intimidation activities in the South China Sea,” read the G7 statement, using stronger language than at last year’s summit in Japan.

‘Political tool’

Coming the same week the European Union warned it was planning to impose new tariffs on Chinese electric vehicles, the G7 statement also referenced what it called “harmful overcapacity”.

The EU, which attends G7 summits as an unofficial eighth partner, and others argue that generous subsidies by China, particularly in green energy sectors, risk flooding the global market with cheap goods.

“We express our concerns about China’s persistent industrial targeting and comprehensive non-market policies,” the G7 statement said, citing “global spillovers, market distortions and harmful overcapacity” in multiple sectors.

China has repeatedly dismissed the concerns.

On June 17, Lin said that G7 “speculation” on overcapacity “completely deviates from the objective facts and economic laws, creates excuses for protectionism, and also undermines the efforts of global green and low-carbon transition and climate change cooperation”.

The G7 “does not represent the international community”, he said, accusing it of being “a political tool for safeguarding the hegemony of the United States and the West”.



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Modi, Meloni review progress of India-Italy strategic partnership at G7 Summit https://artifexnews.net/article68292427-ece/ Sat, 15 Jun 2024 05:11:57 +0000 https://artifexnews.net/article68292427-ece/ Read More “Modi, Meloni review progress of India-Italy strategic partnership at G7 Summit” »

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Prime Minister Narendra Modi during a bilateral meeting with the Prime Minister of Italy Giorgia Meloni on the sidelines of the G7 summit, in Apulia, Italy, Friday, June 14, 2024.
| Photo Credit: PTI

Prime Minister Narendra Modi and his Italian counterpart Giorgia Meloni have reviewed the progress of the bilateral strategic partnership and agreed to strengthen cooperation in global fora and multilateral initiatives, including the India-Middle East-Europe Economic Corridor.

The two leaders met on June 14 towards the end of Prime Minister Modi’s day-long visit to Apulia, southern Italy, during which he thanked the Italian Prime Minister for the invitation to attend the G7 Summit.

A Ministry of External Affairs (MEA) readout of the meeting said the leaders committed to fulfil their shared vision for a free and open Indo-Pacific and also discussed the India-Middle East-Europe Economic Corridor (IMEC).

“Both leaders look forward to joint activities to be implemented under the Indo-Pacific Ocean Initiative framework to fulfil their shared vision for a free and open Indo-Pacific,” the Ministry of External Affairs said, amidst China’s aggressive actions in the region.

They also discussed important regional and global issues and agreed to strengthen cooperation in global fora and multilateral initiatives, including the India-Middle East-Europe Economic Corridor, it said.

Billed as a path-breaking initiative, the IMEC envisages a vast road, railroad and shipping network among Saudi Arabia, India, the United States and Europe to ensure integration among Asia, the Middle East and the West.

The IMEC is also seen as an initiative by like-minded nations to gain strategic influence in the face of China’s Belt and Road Initiative (BRI) which has faced increasing criticism over lack of transparency and disregard for sovereignty of the nations.

The BRI is a mega connectivity project that connects China with Southeast Asia, Central Asia, Russia and Europe.

The IMEC initiative was firmed up on the sidelines of the G20 Summit in Delhi last year.

“The two leaders noted with satisfaction the regular higher political dialogue and reviewed the progress of the India-Italy Strategic Partnership. While expressing happiness at growing trade and economic collaboration, they called for expanding commercial ties in clean energy, manufacturing, Space, S&T (science and tech), telecom, AI and critical minerals to build resilient supply chains. In this context, they welcomed the recent signing of a MoU on Industrial Property Rights (IPR) which provides a framework for cooperation on patents, designs and trademarks,” it said.

The MEA said the two sides discussed bilateral defence and security cooperation and hoped to further enhance the defence-industrial collaboration. The leaders welcomed the forthcoming visit of the Italian aircraft carrier ITS Cavour and training ship ITS Vespucci to India later this year.

Prime Minister Modi is said to have thanked the Italian government for recognising the Indian Army’s contribution to the Italian campaign during World War II and informed that India will be upgrading the Yashwant Ghadge Memorial at Montone in Italy.

The MEA statement added: “Taking note of the coordination under the ‘Global Biofuels Alliance’, the leaders welcomed the signing of the Letter of Intent for Cooperation in Energy Transition which will boost bilateral cooperation in clean and green energy. They expressed happiness at the new Executive Programme of Cooperation for 2025-27 to promote joint research and development in Science & Technology.”

“The two countries enjoy strong people-to-people connect propelled by longstanding Indological studies tradition in Italy, which will be further strengthened with the establishment of the first ICCR chair on India studies at the University of Milan. The two Leaders called for an early implementation of the Migration and Mobility Agreement, which would facilitate mobility of professionals, skilled and semi-skilled workers, students, and researchers.”

Earlier on June 14, Ms. Meloni welcomed the Prime Minister along with leaders of Algeria, Argentina, Brazil, India, Jordan, Kenya, Mauritania, Tunisia, Turkiye, and the United Arab Emirates (UAE) to address the Outreach session on Artificial Intelligence, Energy, Africa and the Mediterranean, along with Pope Francis.

The G7 Summit, to be formally concluded on June 15, was hosted under the presidency of Italy and attended by the Group of Seven Industrialised nations – the U.S., U.K., Japan, Canada, Germany and France, and the European Union.



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