G7 Leaders Meet in Japan

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.

To read more articles from the Summer 2016 issue, subscribe to the eReader edition.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s