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The G7 summit begins with a pledge to repair the world's economies, which have been hammered by COVID-19

Princess Tarfa

Hammered by COVID-19, a pledge to rebuild the world’s economies commences the G7 Summit

On Friday, British Prime Minister Boris Johnson started the G7 conference by stressing that the world must learn from the epidemic and not make the same mistakes of the previous global recession when recovery was uneven in different areas of society.

Johnson emphasized the importance of leaders from the Group of Seven industrialized nations working collaboratively now to "build back better, collectively," underlining that it must happen "in a more fairway."

Discussions with representatives of the world's major developed economies, who arrived in Cornwall on Friday, are still proceeding.

At least one statement is expected to be made at the in-person meeting, the first since 2019. It is a vow to provide one billion COVID-19 vaccine doses to nations in need.

During his first international trip after assuming office in January 2021, US President Joe Biden has vowed to deliver 500 million COVID-19 vaccination shots.

Campaign groups anticipate that international leaders will take decisive action to combat climate change.

Leaders are indeed likely to adopt a minimum global corporation tax rate of 15%, once finance ministers settled on a rate of 15% in discussions over the weekend, and also debate a variety of foreign policy problems.

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