G7 countries Current Affairs, GK & News

G7: India’s invite to invest in clean energy

On June 27, 2022 Prime Minister Narendra Modi attended the G7 Summit in Germany and asked the Group of Seven (G7) countries to consider investing in and promoting the emerging market for clean energy technologies in India. Highlights German Chancellor Olaf Scholz invited PM Modi for attending G7 Summit 2022 as a partner country. Apart ..

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G7 Global Infrastructure Plan

The G7 grouping has announced a USD 600 billion global infrastructure programmes for poor countries. Global Infrastructure and Investment Programme This move was aimed at competing with formidable Belt and Road Initiative of China. During 2022 and 2027, US government and its allies will shoot for USD 600-billion figure “through federal financing, leveraging private sector ..

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NATO declares China a Global Security Challenge

NATO leaders have declared China a constant security challenge stating that, Chinese are working to undermine global order. Key Points As per NATO leaders, China’s goals and assertive behaviour put challenges to rules-based international order and across the areas relevant to alliance security. This warning has come, as US President started making effort to bring ..

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G-7 plans 1 billion extra Covid-19 shots by 2022

Group of Seven (G-7) leaders are set to vow to deliver 1 billion extra doses of vaccines by 2022 to cover 80 percent of world’s adult population. Highlights Ahead of G-7 summit in UK, officials put together document outlining a plan to end pandemic by December 2022. Document is yet to be finalised but it ..

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PM Modi to participate in outreach session of G7 Summit

Prime Minister Narendra Modi will participate in outreach sessions of UK led G7 virtual summit in Cornwall in June 2021. More in news PM Modi is expected to join G7 summit on 12 and 13 June. This is the second time that Indian Prime Minister will participate in G7 meet. India was invited by G7 ..

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G7 deal on Minimum Global Corporate Tax

Recently, Group of seven (G7) advanced economies signed a landmark deal on taxing multinational companies. As per the deal, minimum global tax rate would be at least 15 percent. Key Points Agreement was signed by finance ministers of United Kingdom, United States, Germany, Canada, France, Italy and Japan. It opens way for levies on multinational ..

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