A German government adviser has indicated that this “club”, which could bring together members of the G7 and countries rich in raw materials, will in particular prevent all these materials from being sent to China for processing in the countries of origin. to create added value.
This question will be addressed, according to this adviser, during the summit of the leaders of the G7 (USA, Germany, Great Britain, France, Italy, Japan and Canada), which will be held from May 19 to 21 in Hiroshima (Japan).
Chancellor Olaf Scholz will attend this meeting, according to the Agence France-Presse report.
In general, Germany will call during this summit to reduce the risks instead of separating relations with China, and confirms that there is “great convergence” on this point with the other countries of the group, including the States -United.
Tensions have been exacerbated for months between Beijing and Washington, while the European Union calls for firmness and the maintenance of dialogue with Beijing.
On the economic level, the Covid-19 epidemic has highlighted in particular the vulnerability of supply chains in Western countries vis-à-vis China, both for consumer products and for the components necessary for proper functioning. industry of the G7 countries.
According to this adviser to Olaf Scholz’s government, the summit should not adopt a special declaration on China. However, the issue should be given a prominent place in the declaration on “economic resilience and security”.
Five declarations are planned during this summit, which includes the United States, Canada, Germany, France, Japan and Italy.
The other four will focus on Ukraine’s support for Moscow, nuclear disarmament, energy transition and food security.
The representative of the German government stressed that the G7 countries are united on the issue of Ukraine and Russia.
They understand how to know the rising costs of war for Russia and how to prevent circumvention of economic sanctions against Russia by other countries.
The legal consequences of the Russian war and the coordination of reconstruction in Ukraine will also be discussed.
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