G7 Current Affairs, GK & News

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, G7, EU Crisis Meetings

In Brussels, Belgium, leaders of G7, NATO, and the European Union have gathered for the NATO summit. Back-to-back emergency meetings took place on 24th March with the aim of drawing plans to increase pressure on President Vladimir Putin as the Russian invasion of Ukraine continues. Overview: The US is trying to push its allies to ..

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Permanent Normal Trade Relations (PNTR) Status

On 11th March 2022, Joe Biden, U.S. President announced that the U.S. will revoke Russia’s “permanent normal trade relations (PNTR)” status. This is to punish Russia for its invasion of Ukraine. About PNTR status Permanent normal trade relations status is a legal designation in the U.S. for free trade with a foreign country. In 1998, ..

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UK to host G7 foreign, development ministers’ summit

The United Kingdom (UK) is going to host a summit of Foreign and Development Ministers from G7 in December 2021, in the city of Liverpool. Key Points Foreign Secretary of UK, Liz Truss will welcome counterparts from leading economies like US, Germany, France, Canada, Italy, EU and Japan. The summit will be held from December ..

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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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G-7 Nations pledge to accelerate efforts against Global Warming

Environment ministers from seven industrialised nations or G7 grouping agreed to accelerate efforts against global warming during a two-day virtual meeting hosted by United Kingdom, holding presidency of G7 currently. Highlights They also committed to stop government support for new coal-fired power plants by the end of 2021. Extended support to limit global temperature rises ..

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