G7 condemns unfair economic practices of China

At the end of the summit in Germany, the leaders have undertaken to work together to “develop a coordinated approach, in order to guarantee fair competition conditions for businesses and workers”.

Le Monde with AFP

At the end of the summit in Germany, G7 leaders denounced, Tuesday, June 28, “non -transparent interventions and distorting the China market”. In a press release , they said:

With regard to the role of China in the world economy, we continue to consult on collective approaches, also beyond the G7, to meet the challenges posed by non-market policies and practices that distort the ‘Global economy.

In the document, G7 leaders condemn the unfair economic practices of China and engage, in order to remedy these non -commercial practices, to work together to “develop a coordinated approach in order to guarantee fair competition conditions For companies and workers “.

“The leaders will also evoke the role of China in the debt trap of low or intermediate income countries,” said a senior White House official, assuring that it is “a first for The G7 “.

Finally, the G7 will engage, continues this senior American official, to “accelerate progress in the fight against forced work, with the objective (…) to eliminate all the forms of forced work from the channels of Global supply, including forced work supported by the State, as in the Xinjiang “, a Chinese province where Muslim minorities are subject to a repression of the Chinese regime.

creation of a” climate club ”

The leaders of the G7 also agreed on the creation of a “climate club” intended to strengthen and expand cooperation in the fight against global warming. This climate club will be a “Grande Ambition intergovernmental forum” open to all countries, explain the seven leaders. “We invite our partners, in particular the main transmitters, G20 members and other developing and emerging economies, to intensify discussions and consultations with us”, continues the declaration.

This body aims in particular to bring together countries accepting common rules to avoid competitive disadvantages. These countries would jointly set ambitious objectives and exempt mutually commercial prices to the climate to which non-members would be submitted. In particular, it would be a question of agreeing to standards of carbon pricing or uniform regulations concerning green hydrogen.

At this stage, neither Japan nor the United States intends to introduce national carbon prices, but environmental defenders hope that a new dynamic will be born from this initiative.

The members of this club “will share their best practices” in the fight to reduce the emissions of co 2 “in particular by an explicit carbon pricing, other approaches to carbon attenuation and carbon intensities, “explains the declaration.

“There are different points of view on the measures such as pricing [of carbon]”, recognized the German Chancellor, Olaf Scholz, during a press conference, wishing that the club “cannot be limited Not at the G7 [Germany, United States, United Kingdom, Japan, France, Canada, Italy] but includes many other countries “.

/Media reports.