The Strategist

G7 countries agree on common position on digital trade

10/25/2021 - 06:38

The Group of Seven (G7) member states have agreed on a common position on digital trade. This was stated in a joint communiqué published on the UK government website.

Bernard Spragg. NZ
Bernard Spragg. NZ
"We oppose digital protectionism and authoritarianism, and today we adopted the G7 Digital Trade Principles, which will define the G7 approach to digital trade," the document said.

At the three-day summit of G7 leaders in Cornwall, Britain, the parties agreed to increase their contributions to $100 billion to help poorer countries reduce carbon emissions and fight global warming. 

G7 countries also pledged to achieve zero carbon emissions by 2050. The COVID-19 pandemic, in which the world's richest economies are planning to donate some of their vaccine stocks, was at the heart of the first working session.

Among other things, the talks resulted in a lengthy communiqué covering topics ranging from the fight against coronavirus and climate change to relations with Russia and China.