G7 Leaders Meet in Germany, Speak With Zelenskyy
Summary from the AllSides News Team
At this year's Group of Seven meeting, Ukraine's war and China's global influence are the main focus.
President Joe Biden joined the leaders of the other G7 countries — Canada, Japan, Germany, Italy, France and the U.K. — for the group's annual 3-day summit in the German Alps. The group met virtually with Ukrainian President Volodymyr Zelenskyy, who reportedly told the group that he wants the war in Ukraine to end by the end of 2022. The U.S. is also expected to announce additional artillery support and more advanced surface-to-air missile systems to Ukraine. In addition, the group reportedly discussed a deal to cap the price of Russian oil.
The leaders also agreed to raise $600 billion in private and public funds over the next five years for infrastructure in developing countries to counter China's multitrillion-dollar "Belt and Road" global infrastructure project. Biden committed to raising $200 billion in grants, federal funds and private investment for the project.
The G7 summit made headlines across the political spectrum, with many focusing on the group's talks with Zelenskyy and plan to compete with China's global trade infrastructure. Reports on all sides suggested that to effectively combat Russia's invasion of Ukraine, G7 leaders would need to figure out how to alleviate energy supply issues and high prices as many countries try to end dependency on Russian fuel exports.
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