G7 summit kicks off amid lower expectations and protests
On Saturday, some 4,000 people marched in Munich against the G7 summit, with some protest groups accusing major Western countries of triggering the conflict between Russia and Ukraine and making the whole world suffer the consequences of the conflict, including the crisis. food.
Leaders of the Group of Seven (G7) began their annual three-day summit at Schloss Elmau in southern Germany’s Bavarian Alps on Sunday amid lowered expectations and protests.
The summit will focus on the conflict between Russia and Ukraine and the climate, among other issues. The host country of the meeting moderated expectations.
The ongoing conflict between Russia and Ukraine, especially increased sanctions against Russia, will dominate discussions at the summit of the world’s major industrialized countries, as US President Joe Biden said this morning that the G7 would impose a ban on Russian gold imports.
A source in the German federal government said on Saturday night that price caps on Russian oil will be discussed, a measure that is expected to force Russia to sell oil to big buyers, such as India, at a significantly lower price in the future.
In addition to the leaders of Germany, the United States, Japan, Canada, the United Kingdom, Italy, France and the European Union, the leaders of India, Indonesia, South Africa, Senegal and Argentina have been invited to participate in the summit.
The Western bloc is expected to use the G7 summit to try to persuade developing countries to join its sanctions against Russia, experts said.
However, the host nation, Germany, tried to temper expectations about this summit. In his weekly podcast broadcast on Saturday, Scholz said that although Elmau, the summit site, «is in the mountains, we naturally won’t be moving mountains there.»
On Saturday, some 4,000 people marched in Munich against the G7 summit, with some protest groups accusing major Western countries of triggering the conflict between Russia and Ukraine and making the whole world suffer the consequences of the conflict, including the crisis. food.
Protesters set up tents in Garmisch-Partenkirchen, the district headquarters of the event site, and organizers expect more than 1,000 protesters to take part in Monday’s rally. (Xinhua)
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