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G-7 Annual Summit

G-7 Leaders Get Together in Canada for the 44th Annual Summit

G-7 countries consisting of the United States, Canada, France, the United Kingdom, Germany, Italy and Japan and representing approximately 50 percent of the global economy gather once a year to find solutions to pressing global challenges. It comes as no surprise that G-7 countries as politically and economically advanced states exercise tremendous influence over the policies, programs, and decisions of international institutions. This year’s G-7 summit took place on June 8-9, 2018 in Charlevoix, Canada in hopes of offering solutions to the problems member states as well as the international community suffer from.

Any country hosting the annual G-7 summit is bound to organize the summit and ministerial meetings. The host country’s leader is also assigned the tasks of setting the agenda and speaking on behalf of the G-7 leaders. Investing in growth that works for everyone, advancing gender equality and women’s empowerment, building a more peaceful and secure world, preparing for the jobs of future, and working together on climate change, oceans and clean energy were the areas the G-7 countries focused their attention on.

As a part of the agreement, the G-7 leaders noted their shared responsibility to create economic growth which works for everyone and made commitment on promoting investment in sectors such as infrastructure. The G-7 leaders affirmed the importance of investment as one of the means in attaining economic growth. They also acknowledged that fair and mutually beneficial trade and investment are key engines for growth and job creation.

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Posted on June 19th, 2018 | All, Canada, News
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