Foreign Ministers of the world’s largest democratic powers are coming together from March 26 near Paris against a backdrop of historic geopolitical and economic tensions on a global scale.
The meeting is expected to be tense. At a time when the geopolitical and economic situation is entering an increasingly darker unknown, Foreign Ministers from the Group of Seven (G7) have deemed it necessary to gather from Thursday 26th to Friday 27th March to discuss the topics shaping international news.
This exceptional summit will address major global issues such as soaring prices, the war in the Middle East, and the Russian invasion of Ukraine, according to French Foreign Minister Jean-Noël Barrot.
During these two days of exchanges, the different Foreign Ministers will first discuss the conflict in the Middle East, whose outcome remains uncertain. The G7 meeting will also provide an opportunity for allies to show their support for Volodymyr Zelensky and the “Ukrainian resistance.”
The United States will play a central role in these discussions, as tensions between various member states are influenced by Washington’s unpredictability in both commercial and military matters.
The gathering will also address the Strait of Hormuz crisis, which has been partially closed by Iranian forces, affecting 20% of global oil traffic.
The situation in Iran remains critical, with the International Energy Agency (IEA) warning of the worst energy crisis in decades.
The G7 “special finance” meeting reflects a sense of governmental fragility, with concerns over various conflicts, organized crime, and the fragmentation of the global economic order.
In this turbulent international context, France aims to promote dialogue and establish a new international order for a more balanced and just system under renewed multilateralism.
Meanwhile, former President Donald Trump predicts the conflict could last “four to six weeks.”
