In cooperation with the G7 Research Group and G20 Research Group

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    08-Jul-2017 10:55 AM

    Canadian finance minister Bill Morneau gets his copy of our book

    The G20 Research Group's John Kirton engages in a lively discussion with Canadian finance minister Bill Morneau at the media centre at Hamburg, but it was Angela Hou who made sure Mr Morneau got his own copy.

    08-Jul-2017 10:53 AM

    Trade on the table at Hamburg

    Matthew McIntosh

    Trade is one of the major topics on the table at the Hamburg Summit — and has received much attention over the past year due to the rise of populist and protectionist sentiments.

    As chair of the 2017 G20 presidency, Germany's Chancellor Angela Merkel has frequently underlined her ambition to get G20 members to commit to open markets and sustainable trade. Many her colleagues around the table will be pursuing an anti-protectionist agenda characterized by open and inclusive trade. This bodes well, but there may well be resistance from US president Donald Trump, who has often stressed his desire to pursue protectionist trading policies.

    At their meeting in Baden-Baden in March, G20 finance ministers had little success on the issue, and released a communiqué that made no reference to combatting protectionist policies. However, Trump has since softened his protectionist approach to trade, having endorsed the text of the communique at the G7's Taormina Summit in late May, where he committed to supporting free and mutually beneficial trade while fighting protectionist and unfair trade policies. This was a divergence from his isolationist and protectionist stance regarding trade.

    With this small, yet crucial, step forward to meet traditional free trade policies by the United States at the G7 summit, there is certainly potential for a free and open trade agenda to be pursued here at Hamburg. However, trade is still a highly contentious issue, and the final communiqué will represent a compromise. G20 members do not want to isolate one of their own members on trade, especially the United States. Ultimately, the language on trade will be a worded in a way to appease each member state.

     

    06-Jul-2017 03:21 PM

    China gives the first briefing at the Hangzhou Summit

    Zhu Guangyao, China's vice minister for finance, gave the inaugural briefing at the International Media Centre for the G20 summit in Hamburg, even before any of the leaders had arrived. He stressed China's support of Germany's presidency, saying China would do what it takes to make sure the Hamburg Summit is a success. China expects a strong statement on the global economy, but says that the world needs to do its part to manage the demand for steel, as China addresses its own supply issues, to address overcapacity issues. Consensus, he said, is always key.

    27-May-2017 10:35 PM

    All the documents from the G7 Taormina Summit

    Madeline Koch

    The G7 leaders issued four documents at their Taormina Summit. The G7 Taormina Leaders' Communiqué covers the whole agenda, and starts by restating the G7 members’ “shared values of freedom and democracy, peace, security, the rule of law, and respect for human right.” Topics include foreign policy — specifically Syria, Libya, ISIS, non-proliferation and disarmament, Ukraine and Russia, the Eat and South China Seas, and cyberattacks — as well as the global economy, inequality, Africa, food security and nutrition, climate change and energy, and health. It also covered two other topics — gender equality and innovation, skills and labour — that were both the subjects of separate documents. 

    On gender issues, the G7 Roadmap for a Gender-Responsive Economic Environment builds on the work done a the 2015 Elmau and 2016 Ise Shima summits, as well as international frameworks such as the Beijing Declaration and the 2030 Agenda for Sustainable Development. G7 leaders recognize that improving structural policies can promote gender equality through enabling women’s participation in the workforce, entrepreneurship and economic empowerment and, consequently, women’s full and equal participation in society so that all can benefit. 

    The G7 People-Centered Action Plan on Innovation, Skills and Labor contains nine policy priorities set out under three “pillars”: Innovation in Production, Knowledge-Based Capital and Enabling Infrastructure, and the Future of Work. These support an integrated policy agenda for people and firms to benefit from innovation and “magnify our efforts to make innovation a concrete source of prosperity, competitiveness and well-being” as the global economy transitions through the “Next Production Revolution.” 

    These three documents, issued at the end of the summit on Saturday afternoon, May 27, follow the G7 Taormina Statement on the Fight Against Terrorism and Violent Extremism, which was issued the day before. It noted the need to control internet content, pledged not to pay ransom to terrorists, and committed the leaders to addressing the lack of social and economic inclusiveness that contributes to the rise of terrorism and extremism.

     

    27-May-2017 11:02 PM

    Highlights from Taormina's second day

    Highlights from a jam-packed day at the G7's Taormina Summit, leading up to the closing press conferences.

    Who are all those people? In addition to the G7 leaders — Italian prime minister and host Paolo Gentiloni, U.S. president Donald Trump, French president Emmanuel Macron, Japanese prime minister Shinzo Abe, Canadian prime minister Justin Trudeau, and the European leaders Jean-Claude Juncker and Donald Tusk (British prime minister Theresa May had already left on Friday, cutting her presence at the summit short because of the May 22 Manchester concert bombing) -- several leaders and the heads of international organizations were invited to a special session to discuss human development in Africa and innovation:

    Beiji Caid Essebsi, president of Tunisia
    Mahamadou Issoufou, president of Niger
    Uhuru Kenyatta, president of Kenya
    Yemi Osinbajo, vice-president of Nigeria
    Hailemariam Desalegn, prime minister of Ethiopia

    Antonio Guterres, secretary general of the United Nations
    Angel Gurria, secretary general of the Organisation for Economic Co-operation and Development
    Christine Lagarde, managing director of the International Moentary Fund
    Jim Yong Kim, president of the World Bank

    Alpha Condé, chair of the African Union and president of Guinea
    Mahamat Moussa Faki, chair of the African Union Commission
    Akinwumi Adesina, president of the African Development Bank

    27-May-2017 10:13 PM

    Canada chooses Charlevoix for 2018 summit

    Canadian prime minister Justin Trudeau announced, at his briefing at the end of the Taormina Summit, that he will host next year's summit in Charlevoix, a beautiful region of Quebec on the shores of the St. Lawrence River.

    27-May-2017 04:12 PM

    G7 host Gentiloni receives his copy of G7 Italy: The Taormina Summit

    G7 Research Group

    At the end of an intense two days of summit diplomacy, Italian prime minister Paolo Gentiloni receives his copy of G7 Italy: The Taormina Summit, hand delivered by Giorgia Ponti.

    27-May-2017 09:48 AM

    Highlights of the leaders' first day at Taormina.

    27-May-2017 09:35 AM

    Have the G7 or G8 leaders ever agreed not to issue a communiqué?

    Madeline Koch

     

    Yes: at Kananaskis in 2002, Evian in 2003, Sea Island in 2004, 2005 in Gleneagles and 2006 in St. Petersburg, the G8 host leader issued a statement summarizing the leaders' discussion. At other summits, the leaders and their representatives issued communiqués or declarations that had been carefully negotiated — often right up until hours before being published.

    Rumours are circulating around the media centre here at Giardini Naxos that there might not be a communiqué or declaration issued by the G7 leaders today. 

    At Gleneagles and St. Petersburg, the G8 leaders released a joint statement with the leaders of Brazil, China, India, Mexico and South Africa.

    To our knowledge, there has never been a year that the leaders and their representatives had prepared for a declaration but not reached consensus at the summit itself, resulting in a chair's summary.

     

    26-May-2017 10:09 PM

    Maruyama receives his copy of G7 Italy

    Katrina Bland and Sophie Barnett present a copy of G7 Italy: The Taormina Summit to Norio Maruyama, Japanese press secretary, after he briefed the press at the media centre in Giardini Naxos, near Taormina.