Leaders of the Group of Seven rich democracies met for their three-day annual summit this week at a luxury castle resort in the Bavarian Alps in southern Germany.
RUSSIA SANCTIONS
"In coordination with the IEA, we will explore additional measures to reduce price surges and prevent further impacts on our economies and societies, in the G7 and globally," the communique said. "... we stress the important role increased deliveries of LNG can play, and acknowledge that investment in this sector is necessary in response to the current crisis."
"We stand by our commitment to keep our food and agricultural markets open and call on all partners to avoid unjustified restrictive trade measures that increase market volatility and thus the risk of food insecurity." Separately, the G7 said in the final communique of the meeting: "We note with concern that currently neither global ambition nor implementation is sufficient to achieve the goals of the Paris Agreement."
"We call on China to honour its commitments made in the Sino-British Joint Declaration and the Basic Law, which enshrine rights, freedoms and a high degree of autonomy for Hong Kong."
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