Hello and welcome to the details of G7 shifts focus to China as Pope leads historic AI discussions and now with the details
Nevin Al Sukari - Sana'a - A general view of the Borgo Egnazia resort, on the first day of the G7 summit, in Savelletri, Italy, June 13, 2024. Group of Seven leaders launched into a final day of talks at their annual summit today, with China topping the agenda before Pope Francis puts in an historic appearance to discuss artificial intelligence. — Reuters pic
BORGO EGNAZIA (Italy), June 14 — Group of Seven leaders launched into a final day of talks at their annual summit today, with China topping the agenda before Pope Francis puts in an historic appearance to discuss artificial intelligence.
The pope will be joined by 10 other heads of state and government, including the prime minister of India and the king of Jordan, as the G7 throws open its doors to outsiders to show it isn’t an aloof, exclusive club.
During the first day of their meeting in southern Italy, the G7 nations agreed on a deal to provide US$50 billion (RM235 billion) of loans for Ukraine backed by interest from frozen Russian assets — hailing the accord as a powerful signal of Western resolve.
Advertisement
Today’s talks will be dominated by concerns surrounding China’s excess industrial capacity, that Western governments say is distorting local markets, and its support for Russia’s war-effort.
The US this week imposed fresh sanctions on China-based firms supplying semiconductors to Russia, amid worries over Beijing’s increasingly aggressive stance against Taiwan and run-ins with the Philippines over rival maritime claims.
“China is not supplying weapons (to Russia) but the ability to produce those weapons and the technology available to do it, so it is in fact helping Russia,” US President Joe Biden told reporters at the summit on Thursday after signing a bilateral security pact with Ukrainian President Volodymyr Zelenskiy.
Advertisement
A senior US official said the issue would be raised with other leaders today.
On Tuesday, the EU announced it would impose extra duties of up to 38.1 per cent on imported Chinese electric cars from July, risking retaliation from Beijing, which vowed to take measures to safeguard its interests.
However, there are differences within the G7 over how to counter Chinese state subsidies, with Europe anxious to avoid an all-out trade war with Beijing.
Papal audience
Besides his speech on AI, the Pope will hold multiple bilateral meetings, including with Biden, Zelenskiy and Turkish President Tayyip Erdogan.
“It is a historic day. We will welcome the Holy Father. It is the first time for a pontiff at a G7. I am proud it will happen under the Italian presidency,” Italian Prime Minister Giorgia Meloni told reporters yesterday.
Leaders will also discuss immigration, a crucial issue for Meloni who is pushing Europe to help her curb illegal flows from Africa and has launched a flagship plan to boost development in the continent to tackle the root cause of the departures.
Many of the leaders will leave Italy late today, including Biden, and Meloni said they had already agreed on the summit’s conclusions, to be approved at the end of the day.
Tomorrow, there will be room for bilateral meetings for those staying on, ahead of a final news conference from Meloni. — Reuters
These were the details of the news G7 shifts focus to China as Pope leads historic AI discussions for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.
