The G7 is made up of the US, UK, Japan, Canada, France, Germany and Italy. As chair of G7, the UK invited India, Australia, South Korea, South Africa to the summit as guest countries.
British Prime Minister Boris Johnson praised the countries for taking part and reinvigorating the G7 summit, which met in person for the first time in two years. The G7 leaders expressed that international cooperation is back after the upheavals caused by the pandemic and the unpredictability under ex-US President Donald Trump. The G7 nations also discussed the necessity for these democratic nations to be united in supporting and providing economic vantage to smaller developing countries, to combat the geo-political interests of authoritarian rivals such as China. It was discussed that the G7 countries must demonstrate the value of democracy and human rights to the rest of the world and help the world’s developing nations to develop in an environmentally friendly, sustainable and democratic manner. The G-7 also backed a minimum tax of at least 15% on large multinational companies to stop corporations from using tax havens, aiming to support a fairer global economy. With this reinforcement of democratic ideals, the leaders agreed on the necessity to promote such values by calling on China to respect Human Rights and fundamental freedoms of the Uyghur’s and Hong Kong’s pro-democracy citizens. This came in support of Australia and Prime Minister Scott Morrison’s rising tensions with China in trade disruptions. Morrison received direct support for Australia’s resistance to China’s new assertive policy measures, with French leader Emmanuel Macron explicitly rejecting any "coercive economic measure" taken against Australia. Topics of discussion extended to outlining the continued response to COVID-19 and climate change. On Climate Change, many promised to end the international funding for new coal projects without technology to capture and store emissions, with US President Joe Biden revealing the guest nations, including Australia and India, had agreed to work towards that too.