The Group of Seven (G7) 2025 summit opened in Kananaskis, Alberta, with a more pointed, more intense agenda that focuses on urgent global economic trends and energy security issues.
Previously scheduled as a multi-day event, the summit has been shortened into only two days and will start on Monday after arriving leaders, reports Xinhua News Agency.
Day one of the summit shall involve a 90-minute closed meeting among the G7 leaders, exclusively focused on assessing the global economic situation. A working lunch in the afternoon shall turn the attention to energy stability, with guest countries invited to the summit included in discussions.
The G7 includes seven of the world's major economies—Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States—along with the European Union. The summit is famous for influencing coordinated action in response to some of the most pressing geopolitical and economic concerns in the world.
Canada's Prime Minister Mark Carney, hosting this year, has expanded the summit's reach to include leaders of other prominent non-G7 nations, namely India, Ukraine, Australia, South Korea, Mexico, Brazil, the United Arab Emirates, and South Africa. According to officials, the objective is to build stronger cooperation on cross-cutting global challenges such as trade resilience, clean energy, and digital infrastructure.
In a demonstration of deepening global cooperation, the President of Cyprus pointed to a historic breakthrough earlier on Sunday. In a tweet on X (formerly Twitter), he hailed a new strategic era in ties with India:
"Today, we are constructing more bridges; we are strengthening and broadening economic cooperation between India and Cyprus. Together, we are embarking on a new phase of strategic partnership, based on confidence and our common values, spearheaded by innovation and guided by our rich historical path and the boundless horizon opening up before us. Cyprus and India together offer unique message of cooperation and prosperity, and simultaneously a message of hope."
Throughout the course of the summit, leaders will be expected to discuss inflationary pressures, worldwide energy shifts, and economic spillover impacts of continued conflicts and global climate crises.
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