In May, the leaders of the seven G7 member states as well as the Presidents of the European Commission and Council met for two days in Japan for the 42nd G7 summit. The Leaders of Indonesia, Bangladesh, and five other developing nations were also invited as guests.
Economy and trade were on the agenda, particularly the current slowdown in developing markets. The leaders looked at ways to kickstart the global economy. Germany favors structural reforms while Japan is pushing for a coordinated stimulus package.
Foreign policy and counter-terrorism were also discussed, including the Ukrainian crisis, ISIS in Syria and Iraq, North Korea’s nuclear program, and territorial disputes in the South China Sea.
The 42nd summit was the first for Canadian Prime Minister Justin Trudeau and the last for U.S. President Barack Obama.
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