G7 summit and its leaders with democratic values: Current Affairs Special Series

Team Adda247 and BankersAdda are here with a Current Affairs Special Series. In this series, candidates will be introduced to current affairs topics daily, which will not only improve their general awareness but also will ensure that the candidates do not lack in any current affairs topic. Today’s Current Affairs topic is G7 summit and its leaders with democratic values.

G7 summit and its leaders with democratic values

Leaders of the UK, Australia, Canada, France, Germany, Italy, India, Japan, South Korea, South Africa, the US, and the European Union have reaffirmed their shared belief in open societies, democratic values, and multilateralism as foundations for dignity, opportunity, and prosperity for all.
In a G7 and Guest Countries 2021: Open Societies Statement, the leaders reaffirmed and encouraged others to embrace the values that bind the countries together, including respect for international rules and norms. They called for an effective multilateral system underpinned by principles of openness, transparency, and accountability. This includes access to free and fair, rules-based trades, as well as collaboration on global challenges, including Covid-19 immunization, for the good for all.
They emphasized the importance of civic space and partnership with diverse, independent, and pluralistic civil societies, including human rights defenders, in promoting human rights and fundamental freedoms. The leaders of the G7 summit with guest countries expressed the need for continuing to deliver a better quality of life for people, with no one left behind, as the world builds back better from the pandemic.
They reinforced commitment to the Sustainable Development Goals, including SDG 16 to ‘Promote just, peaceful and inclusive developing country achievement of the 2030 agenda.
PM Modi has called for the reform of the multilateral system as the best signal of commitment to the cause of Open Societies. PM Modi also recalled that democracy and freedom were a part of India’s civilizations ethos, he stressed the need to ensure that cyberspace remains an avenue for advancing democratic values and not subverting them. PM Modi gave the message of global solidarity and unity, especially between open and democratic societies and economies, in tackling the global challenges of health, climate change, and economic recovery as well received by the Leaders at the summit.
About G7 Summit:
The G7 countries are Canada, France, Germany, Italy, Japan, the United Kingdom, and the US.
India, Australia, South Korea, and South Africa are invited as guest countries for the 47th G7 summit.
The United Kingdom holds the presidency of the 47th G7 summit.
There are two sessions titled: ‘Building Back Together-Open Societies and Economies’ and ‘Building Back Greener: Climate and Nature’.