Tuesday , March 19 2024

G7 to condemn China’s ‘distorting’ trade practices

28-06-2022

ELMAU CASTLE/ MUNICH: G7 leaders will condemn China’s “distorting” international trade practices in an end-of-summit statement on Tuesday, a senior US official said.

“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 told reporters.

“The leaders will commit to working together to develop a coordinated approach to remedy China’s non-market practices to help ensure a level playing field for businesses and workers,” the official said.

Leaders will also criticize China’s practice of locking poorer countries in “debt traps”, which is a “first” for the G7, the official said.

In addition, they will “commit to accelerate progress to tackle forced labor” with the goal of “removing all forms of forced labor from global supply chains”.

Meanwhile, leaders of the Group of Seven wealthy nations mocked the macho image of their absent adversary Vladimir Putin on Sunday, at a meeting in Germany dominated by the Russian President’s invasion of Ukraine.

As the be-suited leaders sat down for their first meeting of the three-day G7 summit in the sweltering Bavarian Alps, British Prime Minister Boris Johnson asked if their jackets should come off or if they should even disrobe further.

“We all have to show that we’re tougher than Putin,” Johnson said, amid laughter from some of his colleagues.

“Bare-chested horseback riding,” shot back Canada’s Justin Trudeau.

“Oh yes,” said European Commission President Ursula von der Leyen. “Horseback riding is the best.”

Putin, who prizes his sporty image, has been pictured shirtless several times in photos released by Russian state media, including one set in which he rode a brown horse while wearing wrap-around sunglasses, a gold chain and army trousers.

The G7 leaders discussed efforts to further isolate Russia over its invasion of Ukraine, which has killed thousands of people and driven millions from their homes. Britain, Canada, Japan and the United States announced moves to ban imports of Russian gold. The G7 also includes France, Italy, and Germany.

Earlier, Indian PM Modi is visiting Germany for the G7 summit, where he faced a spirited pro-Khalistan rally organized by secessionist group “Sikhs For Justice” (SFJ) who vowed to confront Narendra Modi during foreign visits for criminalizing the Khalistan referendum and starting a reign of terror against Sikh sovereignty in India.

On June 26, an SFJ rally was led by a “Multani” who is accused of involvement in the Ludhiana blast and is most wanted by India’s NIA. Multani denies any kind of involvement.

The Indian “Tiranga” was trampled by Khalistan activists who vocally challenged Modi supporters amidst “Anti India – Anti Modi” sloganeering.

“The Modi regime has started a violent conflict with Sikh sovereignists who will now not allow the Indian PM to have peaceful foreign visits,” stated SFJ General Counsel Gurpatwant Singh Pannun, who is camping in Europe for the July 3 Khalistan referendum voting in Rome, Italy.

While Modi is in Germany for the G7 summit, the Indian flag at CGI – Munich was defaced with Khalistan graffiti and a Khalistan flag was raised.

Terming Modi as India’s Hitler, Gurpatwant Singh Pannun stated: “Indian PM’s anti-Sikh policies will be exposed to G7 leaders as his regime is responsible for unleashing a reign of terror against Khalistan referendum activists”. (Int’l Monitoring Desk)

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