Will there be any Modi-Trump moments; Trump has claimed credit for ceasefire between India and Pakistan, which India publicly denied
The G7 meeting of the world’s wealthiest countries in Canada comes amid several global crises—geopolitical, economic instability and challenges like climate change, energy security and hurdles in ensuring smooth supply chains.
In those terms Canada’s invitation to India is both strategically and symbolically significant. It is a proof of India’s geopolitical and economic relevance amid the advanced economies of the world, say analysts.
Trying to diversify Canadian trade away from the US, Carney said it made sense for the G7 to invite India—counted among the world’s top five economies and a key part of trading supply chains across the world.
“In the times of conflict, flux and instability, the G7 Summit is an opportunity to consider the sources for sustainable finance and transition as climate threats compound the on-going complexities. India is among the fastest growing economies in the world and remains central to the global climate transition, both in terms of its emissions trajectory and its role as a key player in clean energy technologies,” say analysts
This is the first time Prime Minister Narendra Modi may come face-to-face with US President Donald Trump, who has claimed credit for brokering a ceasefire between India and Pakistan using trade negotiations. India has publicly denied Trump’s role in the de-escalation.
This year’s meeting also takes place against the backdrop of aggressive trade tariffs set by Trump and his calling Canada the 51st state of the US.
This is the first major international gathering hosted by Carney as the Canadian PM who is hosting leaders of Italy, US, France, Germany, UK and Japan with priorities focused on building stronger economies, strengthening peace and security, including harnessing the power of AI and fortifying critical mineral supply chains, according to reports.
Leaders of Australia, Brazil, Indonesia, South Africa and South Korea are also expected to attend.
