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G7 summit (Photo/X@G7Italy). Image Credit: ANI The Group of Seven (G7) nations have united to support specific infrastructure initiatives, notably the India-Middle East-Europe Economic Corridor (IMEC), as outlined in their joint statement released after their three-day summit in Italy. The G7 aims to strengthen economic corridors to foster better infrastructure development and attract investments. Key projects include the Lobito, Luzon, Middle, and India-Middle East corridors, with a focus on coordination and financing. In alignment with existing programs, the G7 intends to build upon initiatives such as the EU Global Gateway, the Great Green Wall, and Italy’s Mattei Plan for Africa. As stated by the White House in an official announcement, “We will further promote concrete G7 PGII initiatives, flagship projects, and complementary initiatives to develop transformative economic corridors for quality infrastructure and investment.” The G7 Summit leaders reaffirmed their co...

Prime Minister Narendra Modi attends the G7 Outreach Summit in Italy, emphasizing India’s commitment to strengthening its strategic partnership with Italy and enhancing cooperation in the Indo-Pacific and Mediterranean regions. In a statement prior to his visit, PM Modi expressed his pleasure in attending the G7 Summit in Italy, marking his first visit during his third consecutive term. He highlighted the importance of deliberating on issues crucial for the Global South, with a focus on artificial intelligence, energy, Africa, and the Mediterranean. “This summit presents an opportunity to align the outcomes of the G20 Summit under India’s presidency with the upcoming G7 Summit, addressing key concerns for the Global South,” PM Modi remarked. Looking forward to meeting fellow leaders, PM Modi acknowledged the significance of his visit to Italy and the momentum generated by Prime Minister Meloni’s visits to India in 2023. He reaffirmed India’s dedication to solidifying its...