44th G7 summit: Difference between revisions
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The '''44th G7 summit''', widely named the '''G6+1''',<ref name=":0">{{Cite web|url=https://www.nbcnews.com/news/amp/ncna880961|title=Welcome to the G6+1: Trump reps an isolated America at the G-7 summit|last=Allen|first=Jonathan|date=June 8, 2018|website=[[NBC News]]|archive-url=|archive-date=|dead-url=|access-date=June 8, 2018|quote=The G-7 this year looks more like a G6+1. That's how French Foreign Minister Bruno Le Maire recently described America's increasingly isolated position as the Group of Seven nations — the U.S., Britain, France, Japan, Germany, Italy and Canada — start a two-day meeting in Charlevoix, Canada, Friday.}}</ref><ref name=":1">{{Cite web|url=https://www.fxstreet.com/amp/analysis/risk-aversion-seen-ahead-of-hostile-g61-summit-201806081104|title=Risk Aversion Seen Ahead of Hostile G6+1 Summit|last=Erlam|first=Craig|date=June 8, 2018|website=FXStreet|archive-url=|archive-date=|dead-url=|access-date=June 8, 2018|quote=The G7 meeting has become more like a G6+1, with Trump choosing to isolate the US on a number of issues from trade to Iran and climate change.}}</ref><ref name=":2">{{Cite web|url=https://www.cnn.com/money/2018/06/08/investing/premarket-stocks-trading/index.html|title=G7 summit angst; ZTE deal; IMF in Argentina|last=Kottasová|first=Ivana|date=June 8, 2018|website=[[CNN]]|archive-url=|archive-date=|dead-url=|access-date=June 8, 2018|quote=Diplomatic tensions and an escalating trade war mean that President Donald Trump can expect a chilly reception at the summit, which some have dubbed the G6+1.}}</ref> is being held on June 8-9, 2018, in [[La Malbaie]], [[Quebec]], [[Canada]].<ref name="gcnews">{{cite web|url=http://pm.gc.ca/eng/news/2017/05/27/canada-host-2018-g7-summit-charlevoix-quebec|title=Canada to host 2018 G7 Summit in Charlevoix, Quebec|date=May 27, 2017|accessdate=May 27, 2017|website=pm.gc.ca|publisher=[[Office of the Prime Minister (Canada)|Prime Minister of Canada]]}}</ref> This will be the sixth time since [[7th_G7_summit|1981]] that Canada has hosted the meetings.<ref>{{cite web|url=https://www.thestar.com/news/canada/2017/05/25/canada-to-host-2018-meeting-of-g7-leaders-in-charlevoix-quebec.html|title=Canada to host 2018 meeting of G7 leaders in Charlevoix, Quebec|date=May 25, 2017|accessdate=May 29, 2017|publisher=[[Toronto Star]]}}</ref> |
The '''44th G7 summit''', widely named the '''G6+1''',<ref name=":0">{{Cite web|url=https://www.nbcnews.com/news/amp/ncna880961|title=Welcome to the G6+1: Trump reps an isolated America at the G-7 summit|last=Allen|first=Jonathan|date=June 8, 2018|website=[[NBC News]]|archive-url=|archive-date=|dead-url=|access-date=June 8, 2018|quote=The G-7 this year looks more like a G6+1. That's how French Foreign Minister Bruno Le Maire recently described America's increasingly isolated position as the Group of Seven nations — the U.S., Britain, France, Japan, Germany, Italy and Canada — start a two-day meeting in Charlevoix, Canada, Friday.}}</ref><ref name=":1">{{Cite web|url=https://www.fxstreet.com/amp/analysis/risk-aversion-seen-ahead-of-hostile-g61-summit-201806081104|title=Risk Aversion Seen Ahead of Hostile G6+1 Summit|last=Erlam|first=Craig|date=June 8, 2018|website=FXStreet|archive-url=|archive-date=|dead-url=|access-date=June 8, 2018|quote=The G7 meeting has become more like a G6+1, with Trump choosing to isolate the US on a number of issues from trade to Iran and climate change.}}</ref><ref name=":2">{{Cite web|url=https://www.cnn.com/money/2018/06/08/investing/premarket-stocks-trading/index.html|title=G7 summit angst; ZTE deal; IMF in Argentina|last=Kottasová|first=Ivana|date=June 8, 2018|website=[[CNN]]|archive-url=|archive-date=|dead-url=|access-date=June 8, 2018|quote=Diplomatic tensions and an escalating trade war mean that President Donald Trump can expect a chilly reception at the summit, which some have dubbed the G6+1.}}</ref> is being held on June 8-9, 2018, in [[La Malbaie]], [[Quebec]], [[Canada]].<ref name="gcnews">{{cite web|url=http://pm.gc.ca/eng/news/2017/05/27/canada-host-2018-g7-summit-charlevoix-quebec|title=Canada to host 2018 G7 Summit in Charlevoix, Quebec|date=May 27, 2017|accessdate=May 27, 2017|website=pm.gc.ca|publisher=[[Office of the Prime Minister (Canada)|Prime Minister of Canada]]}}</ref> This will be the sixth time since [[7th_G7_summit|1981]] that Canada has hosted the meetings.<ref>{{cite web|url=https://www.thestar.com/news/canada/2017/05/25/canada-to-host-2018-meeting-of-g7-leaders-in-charlevoix-quebec.html|title=Canada to host 2018 meeting of G7 leaders in Charlevoix, Quebec|date=May 25, 2017|accessdate=May 29, 2017|publisher=[[Toronto Star]]}}</ref> |
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In March 2014, the [[Group of Seven|G7]] declared that a meaningful discussion was currently not possible with [[Russia]] in the context of the [[G8 (forum)|G8]].<ref name="nyetrussia">{{cite web|url=http://www.independent.ie/world-news/leaders-plan-brussels-g7-in-june-instead-of-g8-in-sochi-30120833.html|title=Leaders plan Brussels G7 in June instead of G8 in Sochi|publisher=[[Irish Independent]]|date=March 24, 2014|accessdate=May 29, 2017}}.</ref> Since then, meetings have continued within the G7 process. |
In March 2014, the [[Group of Seven|G7]] declared that a meaningful discussion was currently not possible with [[Russia]] in the context of the [[G8 (forum)|G8]].<ref name="nyetrussia">{{cite web|url=http://www.independent.ie/world-news/leaders-plan-brussels-g7-in-june-instead-of-g8-in-sochi-30120833.html|title=Leaders plan Brussels G7 in June instead of G8 in Sochi|publisher=[[Irish Independent]]|date=March 24, 2014|accessdate=May 29, 2017}}.</ref> Since then, meetings have continued within the G7 process. However, the [[United States]] has pushed for the reinstatement of Russia.<ref name=":3">{{Cite news|url=https://www.nytimes.com/2018/06/08/us/politics/trump-russia-g7-readmitted-tariffs.html|title=Trump Calls for Russia to Be Readmitted to G-7|date=2018-06-08|work=The New York Times|access-date=2018-06-08|language=en-US|issn=0362-4331}}</ref> |
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The summit received significant attention due to a significant decline of relations of members with the [[United States]].<ref name=":1" /> This included [[Donald Trump on social media|personal fights]] between [[Donald Trump]] and other world leaders on the website [[Twitter]]. |
The summit received significant attention due to a significant decline of relations of members with the [[United States]].<ref name=":1" /> This included [[Donald Trump on social media|personal fights]] between [[Donald Trump]] and other world leaders on the website [[Twitter]]. |
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==Agenda and preparation== |
==Agenda and preparation== |
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A the G7 Summit Canada intends to "showcase both its domestic and international priorities: to strengthen the middle class, advance gender equity, fight climate change, and promote respect for diversity and inclusion."<ref name="gcnews" /> |
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In June 2017, [[Peter Boehm]] was appointed as Deputy Minister for the G7 Summit and Personal Representative of the Prime Minister<ref name="deputyg7">{{cite web|url=http://pm.gc.ca/eng/news/2017/06/23/prime-minister-announces-changes-senior-ranks-public-service| title=The Prime Minister announces changes in the senior ranks of the Public Service| date=June 23, 2017| accessdate=June 24, 2017| publisher=[[Office of the Prime Minister (Canada)|Office of the Prime Minister]]| website=pm.gc.ca}}</ref> after serving as the Canadian G7 [[Sherpa (emissary)|Sherpa]] since 2012.<ref name="pbbio">{{cite web|url=http://pm.gc.ca/eng/news/2017/06/23/peter-boehm| title=Peter Boehm| date=June 23, 2017| website=pm.gc.ca| accessdate=June 24, 2017}}</ref> |
In June 2017, [[Peter Boehm]] was appointed as Deputy Minister for the G7 Summit and Personal Representative of the Prime Minister<ref name="deputyg7">{{cite web|url=http://pm.gc.ca/eng/news/2017/06/23/prime-minister-announces-changes-senior-ranks-public-service| title=The Prime Minister announces changes in the senior ranks of the Public Service| date=June 23, 2017| accessdate=June 24, 2017| publisher=[[Office of the Prime Minister (Canada)|Office of the Prime Minister]]| website=pm.gc.ca}}</ref> after serving as the Canadian G7 [[Sherpa (emissary)|Sherpa]] since 2012.<ref name="pbbio">{{cite web|url=http://pm.gc.ca/eng/news/2017/06/23/peter-boehm| title=Peter Boehm| date=June 23, 2017| website=pm.gc.ca| accessdate=June 24, 2017}}</ref> |
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In December 2017, Prime Minister [[Justin Trudeau]] unveiled the summit logo and announced five key themes that Canada will advance once it assumes the Presidency of the G7 on January 1, 2018.<ref name="thtmes">{{cite web|url=https://pm.gc.ca/eng/news/2017/12/14/prime-minister-unveils-themes-canadas-2018-g7-presidency| title=Prime Minister unveils themes for Canada's 2018 G7 Presidency| date=December 14, 2017| publisher=[[Office of the Prime Minister (Canada)|Office of the Prime Minister]]| website=pm.gc.ca}}</ref> |
In December 2017, Prime Minister [[Justin Trudeau]] unveiled the summit logo and announced five key themes that Canada will advance once it assumes the Presidency of the G7 on January 1, 2018.<ref name="thtmes">{{cite web|url=https://pm.gc.ca/eng/news/2017/12/14/prime-minister-unveils-themes-canadas-2018-g7-presidency| title=Prime Minister unveils themes for Canada's 2018 G7 Presidency| date=December 14, 2017| publisher=[[Office of the Prime Minister (Canada)|Office of the Prime Minister]]| website=pm.gc.ca}}</ref> |
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=== Readmission of Russia and the G8 === |
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On June 9th, 2018, American President Donald Trump pushed for the reinstatement of the [[Group of Eight|G8]].<ref name=":3" /> |
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===Investing in growth that works for everyone=== |
===Investing in growth that works for everyone=== |
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Revision as of 12:48, 8 June 2018
| 44th G7 summit | |
|---|---|
| File:2018 G7 Logo CYMK.jpg | |
| Host country | Canada |
| Date | 8–9 June 2018 |
| Venue(s) | La Malbaie, Quebec, Canada |
| Participants |  Canada France Germany Italy Japan United Kingdom United States European Union |
| Follows | 43rd G7 summit |
| Precedes | 45th G7 summit |
| Website | g7 |
The 44th G7 summit, widely named the G6+1,[1][2][3] is being held on June 8-9, 2018, in La Malbaie, Quebec, Canada.[4] This will be the sixth time since 1981 that Canada has hosted the meetings.[5]
In March 2014, the G7 declared that a meaningful discussion was currently not possible with Russia in the context of the G8.[6] Since then, meetings have continued within the G7 process. However, the United States has pushed for the reinstatement of Russia.[7]
The summit received significant attention due to a significant decline of relations of members with the United States.[2] This included personal fights between Donald Trump and other world leaders on the website Twitter.
Dispute with Donald Trump
The summit was dubbed the G6+1 by the French government and political commentators.[1][3] This resulted from the United States withdrawing from the Iran Deal along with the Paris Agreement, rampant American protectionism, and fights with French President Emmanuel Macron and Canadian Prime Minister Justin Trudeau.
Agenda and preparation
A the G7 Summit Canada intends to "showcase both its domestic and international priorities: to strengthen the middle class, advance gender equity, fight climate change, and promote respect for diversity and inclusion."[4]
In June 2017, Peter Boehm was appointed as Deputy Minister for the G7 Summit and Personal Representative of the Prime Minister[8] after serving as the Canadian G7 Sherpa since 2012.[9]
In December 2017, Prime Minister Justin Trudeau unveiled the summit logo and announced five key themes that Canada will advance once it assumes the Presidency of the G7 on January 1, 2018.[10]
Readmission of Russia and the G8
On June 9th, 2018, American President Donald Trump pushed for the reinstatement of the G8.[7]
Investing in growth that works for everyone
Preparing for [the] jobs of the future
Advancing gender equality and women's empowerment
Canadian and French thought leaders have stressed the need to achieve rapidly real gender equality across all economic sectors, by using modern, quantitative managerial tools that can help measure precisely gender pay gaps and thus inform corrective policy measures at both corporate and government level. Meeting in Paris, Montreal and Toronto in the weeks leading up to the Charlevoix summit, Canadian and European asset owners and policy makers agreed on the need to step up and assume more responsibility for the advancement of women's rights and other “related social parameters” across all assets classes[11] [12]
In that perspective, Canadian Prime Minister Justin Trudeau is expected to announce a distinct G7 sustainability initiative focusing specifically on gender diversity across global capital markets – for which “the Canada Pension Plan, OMERS, the Caisse de dépôt et placement du Québec and the Ontario Teachers’ Pension Plan are each expected to pitch in [initially] $1 million apiece, with another $5 million from the federal government.” [13]
Working together on climate change, oceans and clean energy
World Pensions Council (WPC) economist Nicolas J. Firzli has argued that, in spite of the United States withdrawal from the Paris Agreement, the G7-driven process of international consensus-building could still be tilted in favor of renewed cooperation towards the attainment of the Sustainable Development Goals – thanks notably to Justin Trudeau’s multilateralist approach[14] and the rapid shift towards ESG-informed investment policies amongst US and Canadian institutional investors.[15]
Building a more peaceful and secure world
Leaders at the summit
The attendees will include the leaders of the seven G7 member states as well as representatives of the European Union. The President of the European Commission has been a permanently welcome participant at all meetings and decision-making since 1981.
The 44th G7 summit will be the first summit for Italian Prime Minister Giuseppe Conte.
Expected participants
| Core G7 members Host state and leader are shown in bold text. | |||
| Member | Represented by | Title | |
|---|---|---|---|
|
|
Canada | Justin Trudeau | Prime Minister |
|
|
France | Emmanuel Macron | President |
|
|
Germany | Angela Merkel | Chancellor |
|
|
Italy | Giuseppe Conte | Prime Minister |
|
|
Japan | Shinzō Abe | Prime Minister |
|
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United Kingdom | Theresa May | Prime Minister |
|
United States | Donald Trump | President |
|
|
European Union | Jean-Claude Juncker | Commission President |
| Donald Tusk | Council President | ||
Gallery of participating leaders
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See also
References
- ^ a b Allen, Jonathan (June 8, 2018). "Welcome to the G6+1: Trump reps an isolated America at the G-7 summit". NBC News. Retrieved June 8, 2018.
The G-7 this year looks more like a G6+1. That's how French Foreign Minister Bruno Le Maire recently described America's increasingly isolated position as the Group of Seven nations — the U.S., Britain, France, Japan, Germany, Italy and Canada — start a two-day meeting in Charlevoix, Canada, Friday.
{{cite web}}: Cite has empty unknown parameter:|dead-url=(help) - ^ a b Erlam, Craig (June 8, 2018). "Risk Aversion Seen Ahead of Hostile G6+1 Summit". FXStreet. Retrieved June 8, 2018.
The G7 meeting has become more like a G6+1, with Trump choosing to isolate the US on a number of issues from trade to Iran and climate change.
{{cite web}}: Cite has empty unknown parameter:|dead-url=(help) - ^ a b Kottasová, Ivana (June 8, 2018). "G7 summit angst; ZTE deal; IMF in Argentina". CNN. Retrieved June 8, 2018.
Diplomatic tensions and an escalating trade war mean that President Donald Trump can expect a chilly reception at the summit, which some have dubbed the G6+1.
{{cite web}}: Cite has empty unknown parameter:|dead-url=(help) - ^ a b "Canada to host 2018 G7 Summit in Charlevoix, Quebec". pm.gc.ca. Prime Minister of Canada. May 27, 2017. Retrieved May 27, 2017.
- ^ "Canada to host 2018 meeting of G7 leaders in Charlevoix, Quebec". Toronto Star. May 25, 2017. Retrieved May 29, 2017.
- ^ "Leaders plan Brussels G7 in June instead of G8 in Sochi". Irish Independent. March 24, 2014. Retrieved May 29, 2017..
- ^ a b "Trump Calls for Russia to Be Readmitted to G-7". The New York Times. 2018-06-08. ISSN 0362-4331. Retrieved 2018-06-08.
- ^ "The Prime Minister announces changes in the senior ranks of the Public Service". pm.gc.ca. Office of the Prime Minister. June 23, 2017. Retrieved June 24, 2017.
- ^ "Peter Boehm". pm.gc.ca. June 23, 2017. Retrieved June 24, 2017.
- ^ "Prime Minister unveils themes for Canada's 2018 G7 Presidency". pm.gc.ca. Office of the Prime Minister. December 14, 2017.
- ^ Firzli, Nicolas (3 April 2018). "Greening, Governance and Growth in the Age of Popular Empowerment". FT Pensions Experts. Financial Times. Retrieved 27 April 2018.
- ^ SFAF, . (6 April 2018). "7e Forum Mondial des Fonds de Pension : Croissance Équitable et Financement". Revue Analyse Financière. Société Française des Analystes Financiers. Retrieved 2 June 2018.
{{cite news}}:|first1=has numeric name (help) - ^ Smith, Marie-Danielle (28 May 2018). "Canadian government to announce G7 sustainability initiative with focus on gender diversity in global capital markets". National Post. NP. Retrieved 3 June 2018.
- ^ Firzli, Nicolas (15 January 2018). "The New Geopolitics of Globalization and the Road to Charlevoix". Revue Analyse Financière. SFAF. Retrieved 1 June 2018.
- ^ Firzli, Nicolas (3 April 2018). "Greening, Governance and Growth in the Age of Popular Empowerment". FT Pensions Experts. Financial Times. Retrieved 27 April 2018.