G7 Summit: The G-7 meeting is currently going on in Japan. During this, the heads of this G-7 group have come. Meanwhile, a US official, a member of the G-7 group, said that the G-7 has agreed on Saturday (May 19) to use a common tool to combat the economic situation. Their main objective behind this is to reduce China’s high technical exports.
US National Security Advisor Jake Sullivan told reporters at the G-7 summit in Hiroshima that the aim of the G-7 countries is to improve as many supply chains as possible, which is currently dominated by China in some such areas and depend on them.
Covered a range of issues
US National Security Advisor Jake Sullivan told reporters at the G-7 summit that finding a way to protect sensitive technology in our agreement, technical exports control and focus on outbound investment.
Sullivan said that previous differences between the US and EU countries on how to deal with China have largely faded. He said the joint strategy would emphasize the need to protect Western powers while avoiding direct confrontation with China.
Being strong on the economic front against China
US National Security Advisor Jake Sullivan said that when it comes to the People’s Republic of China, the G-7 leaders are also on our shared and aligned approach. Will come out with a statement. We look forward to working together on issues of mutual interest.
This reflects our economic concerns and China also understands this in a better way, so there is nothing surprising in this. As part of our diplomacy since US President Joe Biden took office in 2021, the issue of becoming strong on the economic front against China has been raised in the G-7 conference.
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