Annwesha Chhetri, EOI, 17 June 2024 : The Group of 7 (G7) Summit, held in the picturesque town of Fasano, Italy, concluded on June 15, leaving a significant impact on global policy and international relations. Hosted by Italian Prime Minister Giorgia Meloni, this summit focused on the two major geopolitical conflicts weighing on the international community: the war in Ukraine and the Israel-Hamas conflict.
Apart from the member countries, many other countries, including India, were invited to the Outreach Session. This was India’s 11th and Prime Minister Narendra Modi’s 5th consecutive participation at the G7 Summit. Traditionally, this group of seven countries has been a forum for some of the world’s most advanced economies to discuss and coordinate on economic policies, trade, security, and other global issues. India’s repeated invitations signal a recognition of its rise in economy, strategic importance, and leadership potential in tackling global challenges. PM Modi’s presence at the summit reflects India’s pivotal role in shaping global discourse. Therefore, India is getting a platform once again to address critical global issues, strengthen bilateral ties, and assert its role as a major player in international affairs. This year’s summit focused on themes such as economic resilience, climate change, health, security, and technological innovation—all the areas where India has a valuable contribution to make.
During the summit, PM Modi shed light on India’s economic reforms and investments like “Make in India” and “Digital India.” These initiatives aim to transform our country into a global manufacturing hub and a leader in digital innovation. With the global economy recovering from the impacts of the COVID- 19 pandemic, India’s robust growth trajectory presents an attractive proposition for foreign investment and trade partnerships. A major highlight of this summit was the launch of the Just Energy Transition Partnership (JETP). Coal accounts for nearly 70% of India’s electricity. This initiative aims to help India transition from a coal-based energy system to more sustainable and low-emission technologies. Hence, JETP is designed to provide financial support, technology, and expertise to facilitate this transition, which is expected to address both environmental concerns and economic dependencies related to coal. PM Modi also reiterated India’s ambitious climate targets, including achieving net-zero emissions by 2070 and increasing the share of renewable energy in its energy mix. He also elaborated on the “Ek Ped Maa ke Naam” campaign and urged the leaders to take part in India’s Mission LiFE initiative. Therefore, by collaborating with G7 countries, India will not only contribute to global climate goals but also support its own sustainable development agenda.
“Pharmacy of the World,” India has been a key supplier of affordable vaccines and medicines to developing countries during the pandemic. PM Modi called for strengthening global health infrastructure by ensuring equitable access to vaccines and enhancing research and development capabilities.
India becomes a key player in the Indo-Pacific strategy, ensuring stability and security and countering China’s expanding influence. The European Union says that Beijing’s large subsidies, especially in green energy and technology, lead to very cheap products that flood the global market, making it difficult for the West to compete. “G7 countries agree on how to handle China,” a Japanese government source told AFP.
PM Modi said that India will collaborate with all countries to make artificial intelligence (AI) transparent, fair, secure, accessible, and responsible. As a founding member and lead chair of the Global Partnership for AI, India is leading the launch of the “AI Mission” with the mantra “AI for All.”
Therefore, this G7 Summit provided India with a platform to advance its economic, environmental, health, technological, and geopolitical agendas. By engaging with the world’s leading economies, India is not only strengthening its international standing but also paving the way for sustainable development and inclusive growth.
As the world navigates through complex challenges, India’s role in shaping a resilient and cooperative global order is becoming more crucial than ever. On the sidelines of the G7 Summit, PM Modi held bilateral meetings with French President Emmanuel Macron, UK PM Rishi Sunak, Japanese PM Fumio Kishida, and Ukraine President Volodymyr Zelenskyy. He also interacted with US President Joe Biden, German Chancellor Olaf Scholz, Canada PM Justin Trudeau, and Pope Francis. After concluding the visit, PM Modi thanked the people and government of Italy for their “war m hospitality” and said, “Had a very productive day at the G7 Summit in Apulia. I interacted with the world’s leaders and discussed various subjects. Together, we aim to create impactful solutions that benefit the global community and create a better world for future generations,” in a post on X.
(The views of the author are personal)