Next year, Japan will assume the chairmanship of the G7.
This time, I would like to introduce a commentary by a person in a responsible position in a leading Japanese think tank.
His theme is “Japan's Role as the Next Presidency of the G7.”
Since the global financial crisis, the G7 has played a smaller role than in the past with the creation of the G20, which includes not only major developed countries but also major emerging countries.
However, since Russia's invasion of Ukraine, the G7's joint actions, including economic sanctions, have played an increasingly important role.
On the other hand, the G20, whose members include Russia and countries close to Russia, is facing increasing difficulties.
Of course, it can be said that the value of dialogue at the G20 is great precisely because it involves confrontation. For example, there are reports that a joint statement may not be issued at the G20 Finance Ministers and Central Bank Governors Meeting to be held in Washington, D.C., on the 20th of this month. .......
