 "G7 aims to rein in risks from China, awaits Zelenskiy")
Leaders from the Group of Seven (G7) nations will outline steps on Saturday aimed at reducing risks from China while preserving economic ties, a day after they agreed to ramp up sanctions against Russia over its invasion of Ukraine. G7 members are prepared to build “constructive and stable relations” with China while acting in their national interests, according to a draft version of their communique seen by Reuters on Friday. White House national security adviser Jake Sullivan said G7 members were looking to “de-risk, not decouple” from China. Leaders of the world’s richest democracies are looking to bridge a vast gap with emerging economies in the “Global South” by focusing on infrastructure and debt relief, officials say, part of a strategy to blunt China’s influence in lower-income countries. Joe Biden and Japanese Prime Minister Fumio Kishida have discussed ways to strengthen defence cooperation and counter coercive behaviour by China, the White House said in a statement. China is gravely concerned about recent signs of “negative” China-related moves at the G7 summit and urges Japan not to turn it into a “political show” against or to curb China, the country’s embassy in Japan said. Ukrainian President Volodymyr Zelenskiy will arrive in Hiroshima on Saturday and attend the summit on Sunday, joining a session with the G7 leaders and invited outreach countries that will focus on peace and security. He will also hold a bilateral meeting with Japan’s prime minister. G7 leaders said they had ensured that Ukraine had the budget support it needs for this year and early 2024. “Today we are taking new steps to ensure that Russia’s illegal aggression against the sovereign state of Ukraine fails and to support the Ukrainian people in their quest for a just peace rooted in respect for international law,” they said in a statement. Read all the Latest News , Trending News , Cricket News , Bollywood News , India News and Entertainment News here. Follow us on Facebook, Twitter and Instagram.
Leaders of the world’s richest democracies are looking to bridge a vast gap with emerging economies in the “Global South” by focusing on infrastructure and debt relief, officials say, part of a strategy to blunt China’s influence in lower-income countries
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