Paris: The Group of Seven (G7) development ministers gathered in Paris on Wednesday for a two-day meeting, with discussions focusing on global development financing, resilience, and the impact of international crises. The meeting aims to lay the groundwork for the upcoming G7 leaders' summit in Evian, France, scheduled for June 15-17.
According to Anadolu Agency, the meeting is hosted by French Minister for Development Cooperation Eleonore Caroit. Caroit emphasized the rapidly changing global environment, highlighting challenges such as climate change, biodiversity loss, armed conflicts, and pandemics. She noted that developing countries are particularly vulnerable to global shocks, including debt pressures and limited access to financing.
Caroit stated that the ministers aim to promote a new development approach based on 'mutually beneficial partnerships,' focusing on sovereignty, resilience, efficiency, and reform of the global development system. Key topics of discussion include infrastructure investment, health financing, and responses to the impact of the Middle East crisis on vulnerable countries, as well as coordination with international financial institutions.
The meeting includes G7 members, EU representatives, and partner countries like Brazil, India, Kenya, Morocco, and South Korea.