India has been invited to the G7 Summit for the 11th time, with Prime Minister Narendra Modi attending the event for the fifth consecutive time.
A Little History of G7
The Group of Seven (G7) was formed in 1973 by the world's most industrialized and powerful economies to promote collective decision-making on issues of economic governance, international security, and peace.
Russia became a part of the group in 1998 and then the group was renamed to G8. But in February and March 2014, Russia invaded the Crimean Peninsula, part of Ukraine, and then annexed it. It marked the beginning of the Russo-Ukrainian War. This led to the suspension of Russia from the bloc. The current members are - US, UK, Canada, France, Germany, Italy, Japan and the EU.
India's Invitation to the G7 Summit
India has been invited to the G7 Summit for the 11th time, with Prime Minister Narendra Modi attending the event for the fifth consecutive time. This invitation is significant, given India's growing economic influence and strategic partnerships with multiple G7 countries. With a GDP of almost $4 trillion, India's economy is larger than four G7 members and is one of the fastest-growing economies worldwide.
The G7 Summit Agenda
The G7 Summit, taking place from June 13-15 in Italy's picturesque Puglia region, comes at a critical time. The world is grappling with multiple crises, including the ongoing wars in Ukraine and Gaza, and significant political events in the G7 countries themselves.
The summit's agenda reflects these circumstances:
Conflict in Ukraine
The conflict in Ukraine remains a focal point for the G7 countries, with Ukrainian President Volodymyr Zelenskyy participating in discussions to urge for more substantial support from Western allies.
Middle East and Gaza
The G7 will also focus on the Middle East, particularly the Gaza conflict. US President Joe Biden has proposed a plan for an immediate ceasefire between Israel and Hamas, the release of hostages, increased aid for Gaza, and a comprehensive peace deal ensuring the security of both Israel and Gaza residents.
Indo-Pacific
The Indo-Pacific is of strategic significance, particularly for Japan, the only G7 member located in the region. The G7 countries are formulating policies to engage more deeply with this region, recognizing its economic potential and the strategic challenge posed by China's expanding influence.
Climate Change
Climate change remains a key issue, especially as none of the G7 members are on track to meet their 2030 emission reduction targets.
Africa
Africa is a priority for Italian Prime Minister Giorgia Meloni, who aims to position Italy as a key clean-energy link between the EU and Africa, reducing dependency on Russian gas.
Migration
Migration is a critical agenda item for Meloni's government, which has implemented strict measures to curb arrivals while expanding legal immigration channels to address labor shortages.
India's Contribution to the G7 Summit
India's regular participation at the G7 summit clearly points to increasing recognition and contribution of the efforts India has been consistently making in trying to resolve global challenges, including those of peace, security, development, and environmental preservation. India's strategic partnerships with multiple G7 countries, including the US, UK, France, Germany, and Japan, further underscore its significance.
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