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G7 Summit 2015

G7 is an informal group of highly industrialized democracies representing over 64% of global wealth. In 2015, the G7 summit in Germany invited India and China to participate as guest nations for the first time. This opens opportunities for developing nations to benefit from discussions on issues like terrorism, the environment, and the global economy. India aims to maintain equal relations with global powers while advocating for developing nations. As one of the world's fastest growing economies, India can push for policies that promote development in poorer countries by reducing discrimination and helping them lift populations out of poverty. Partnering with G7 nations will also help India advance its economic and energy goals through increased trade, infrastructure cooperation, and civil nuclear agreements.

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Lakshmi Reddy
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33 views

G7 Summit 2015

G7 is an informal group of highly industrialized democracies representing over 64% of global wealth. In 2015, the G7 summit in Germany invited India and China to participate as guest nations for the first time. This opens opportunities for developing nations to benefit from discussions on issues like terrorism, the environment, and the global economy. India aims to maintain equal relations with global powers while advocating for developing nations. As one of the world's fastest growing economies, India can push for policies that promote development in poorer countries by reducing discrimination and helping them lift populations out of poverty. Partnering with G7 nations will also help India advance its economic and energy goals through increased trade, infrastructure cooperation, and civil nuclear agreements.

Uploaded by

Lakshmi Reddy
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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G7 Summit 2015, India's Role.

G7 the group of seven is informal block of highly industrialized democracies. Representing countries with
more than 64% of net global wealth e.g. U.S.A, U.K, Japan, Canada, France, Germany and Italy.
Previously known as G8, but the suspension of Russia, reduces it to G7 in March 2014 after Russian
annexation of Crimea, which led G7 to put sanctions on Russia and condemns its act.
G7 summit 2015 in Schloss Elmau has created a new chapter to many developing and developed nations
like India and China to be part of this group as a guest. Opens new vision for these nations to get
benefitted in its annual meeting. When these highly industrialized nations are discussing multifaceted
problems like Terrorism, Environment, women empowerment, economic development, global economic
balance etc.
Indian foreign policies reflect its agenda for equal distance with multipolar world representing worlds
superpowers. Which has indebted India's free global market and predictability of more economic
development nowadays.
A G7 Nations meeting so far by and large revolves around to combat with global crisis, security threat,
economic development and global economic balance etc. If its agenda for equal distance with global
economic market and commitment for global economic balance is followed on paper with true spirit, as its
initiative to assist South Africa will be good for third world. Otherwise cold war's replaced developed
Nations desire to led them towards more economic growth without caring about underdeveloped Nations.
On its 41st summit of June 2015, G7 sends invitation to various countries like India and China to burst as
guests for their spin. India can raise not only the issues which is a problem for developing nations, but it
can also instil these countries for strong bilateral relations of which developing nations is of desperate
need. India as a leader of 3rd world representing world's fastest economic growth can favour the
developing Nations by pushing developed Nations to stop discrimination against underdeveloped and let
them lift up their countries from poverty and pull out their people from marginalisation, diseases, food
scarcity, hunger ,weak agriculture outcome and low productivity etc.
Although India is not the member of G7 but its role is to develop strong relation with G7 Nations while
protesting the negative actions initiated by G7 Nations. However India is already gaining momentum in this
sphere which can be traced by sidelined bilateral meeting of Shri Narendra Modi and David Cameron in
Nov 2014 at G20 summit. The recent Prime Ministers eight day three Nations visit to France, Germany and
Canada and bilateral partnership deal with U.S.A on Republic day of India.
These multilateral trade relations will abruptly ensure promotion of economic ties, trade relations,
infrastructure and cooperation in security/defence related matters. By partnering these G7 Nations which is
relative to India's industrial program, will open up market for all investors at global level.
Developing Nations like India and China has emerged as fastest growing countries nowadays reflected by
BRICS summit representing 3 billion people with a combined nominal GDP of US$16.039 trillion, putting
G7 Nations on competition, at the same time when G7 Nations has put sanctions on Russia giving little
imbalance to its net global economy with fall of global market and other global crisis. Which pushes G7
Nations to invite more developed and developing Nations on their annual meeting
Due to dearth of conventional and non conventional energies like petroleum, nuclear energy and lack of
technology to generate renewable energies like wind, solar etc. India can achieve this end by partnering
these G7 Nations and flourish more civil nuclear agreements and deal for to upgrade its energy technology
process. Terrorism is one of the issues not only for India, but world at large Terrorism groups like Islamic

state, Boko Haram and Al-Qaida is a combined threat for global security. India's role is to hit out against
terrorism as a responsibility of all countries to protest and combat with such global security crisis.
Therefore if India acts boldly and swiftly to safeguard the interests of third world as a leader. If India as a
geopolitical Nation mingle the interests of third world with its own and raise the voice on behalf while
thinking to safeguard its own trade relations and policies to ultimately train India ,prepare India for more
economic

development,

environment

development,

marines,

women

empowerment,

terrorism,

unemployment, health care, education and infrastructure


In closing note India has to save the both sides of the coin, it's policies should bind powerful nations to put
legible sanctions on developing Nations relating to carbon emissions and other hindrances to economic
development and to combat crisis of any kind collectively no matter where it emerges and free global trade
relations with india and other developing Nations .it can be a best role india should play on every such
summit or outside the summit.
Rouf Raza Dar

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