SUBSCRIBERS

Why G7 summit may prove critics wrong

Key decisions were taken on issues, from Ukraine to China and supply chains to AI, that may have strong ramifications in coming years

    • US President Joe Biden and other G7 leaders at Hiroshima Peace Park and Memorial Museum before participating in a wreath-laying ceremony, on the first day of the G7 summit in Hiroshima, Japan, May 19, 2023.
    • US President Joe Biden and other G7 leaders at Hiroshima Peace Park and Memorial Museum before participating in a wreath-laying ceremony, on the first day of the G7 summit in Hiroshima, Japan, May 19, 2023. PHOTO: NYTIMES
    Published Mon, May 22, 2023 · 02:38 PM

    IT IS commonly argued that big multilateral summits rarely matter; however, the recent Group of Seven (G7) summit in Japan may prove the detractors wrong.

    The G7 took a series of key decisions that may have strong ramifications in the coming years. This, too, as the club of leading Western economies intensified its transition towards becoming a major geopolitical actor.

    One of the biggest potential “forks in the road” here was the decision, more than 450 days into the Ukraine war, for the G7 to reverse its opposition to giving F-16 fighters to Kyiv. This may indicate stronger, longer-term commitment to the war, not least because it will take many months, if not years, to fully train a critical mass of Ukraine’s pilots to use the jets.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Share with us your feedback on BT's products and services