The Group of Seven leading industrialized democracies have agreed to develop a coordinated approach to remedying China's “non-market” international trade practices, a senior US official said on the last day of their summit in Germany.
“You'll see leaders release a collective statement, which is unprecedented in the context of the G7, acknowledging the harms caused by China's non-transparent, market-distorting industrial directives,” the official said on Tuesday.
Among their commitments was one to accelerate efforts to remove forced labor, including state-backed forced labor, from global supply chains, the official added.
US announces new G7 sanctions against Russia’s defense industryThe United States on Monday announced new G7 sanctions targeting Russia’s defense industry in a bid to hobble the Kremlin’s ability to maintain the ... World News
Ukraine’s Zelenskyy urges G7 to push to end war by year’s end, impose more sanctionsUkrainian President Volodymyr Zelenskyy on Monday urged world leaders gathered at the G7 summit to do their utmost to end Russia’s invasion of his ... World News
G7 pledges to stand with Ukraine ‘for as long as it takes’Leaders of the Group of Seven wealthy democracies on Monday pledged to stand with Ukraine “for as long as it takes” by cranking up sanctions on Russia ... World News