The three-day G7 Summit held in Cornwall, UK has ended. During this, the leaders of seven countries agreed on issues like vaccination in poor countries, paying taxes to big companies, tackling climate change through technology and money. In a joint statement, the G7 countries emphasized international cooperation in view of the damage caused by the Corona epidemic.
Meeting directly for the first time in two years, the leaders also promised to support global health, green energy, infrastructure and education. In addition, the G-7 leaders wanted to demonstrate that international cooperation has resumed after the impact of the pandemic and the unpredictable attitude of former US President Donald Trump. In such a situation, let us go through the issues on which the G7 agreed.
One billion vaccine doses
The G7 countries decided to provide one billion vaccine doses to the countries battling Corona. British Prime Minister Boris Johnson informed about providing one billion doses and said that his country’s share would be 100 million vaccine doses. Through Covax, these vaccine doses will be delivered to the needy. Explain that to vaccinate 70 percent of the world’s population by the middle of 2022, 11 billion doses are needed.
Corona’s origin investigation
The G7 countries urged China to cooperate with the United Nations health agency WHO in a transparent investigation about the origin of the corona. According to the recommendation of the report of experts in China, we want a timely, transparent, expert-led and science-based investigation of the origin of COVID under the leadership of WHO, said in a joint statement of seven countries.
Swift action on climate change
The issue of climate change was at the center of the G7 leaders’ talks on the last day of the summit. Global leaders supported joint cooperation to tackle the environmental crisis. We are committed to halving our collective emissions in two decades by 2030, increasing and improving climate finance by 2025, and protecting at least 30 percent of our land and oceans by 2030, the statement said. In addition, it was also agreed to provide $100 billion to help poor countries reduce emissions.
Tax on multinational companies
The G7 countries also agreed to impose a global tax of at least 15 percent on multinational companies trying to avoid the tax. The US lobbied for a minimum tax and President Joe Biden believes that working together this convention can support a more fair global economy. The proposal to impose a 15 percent global tax will now go to the G20 meeting to be held in Italy next month.
Russia and Cyber Attacks
This group of wealthy nations called on Russia to take action against cyber attackers and those using ransomware. There was also a demand for an investigation into the use of chemical weapons on Russian soil. “We call on Russia to immediately investigate the use of chemical weapons on our soil,” the statement said. Action was demanded against the cyber attacker through ransomware.
“With respect to China and for competition, we will continue to consult on a collective approach to challenging anti-market policies and practices that undermine the fair and transparent system of the global economy,” a release issued by the group said. The leaders said they would ask China to respect human rights and fundamental freedoms in Xinjiang and the semi-autonomous city of Hong Kong. China is accused of violating the rights of minority Uighurs in Xinjiang.