41st G7 summit

The leaders of the Group of Seven (G7) believe that “it is still possible” to find a diplomatic solution to de-escalate tensions in the Middle East, the Italian government said in a press release.

At a summit via teleconference convened by Italy, leaders expressed deep concern over the escalating crisis and condemned Iran’s missile attack on Israel.

G7 leaders meeting in Italy Friday hardened their tone against China, warning Beijing to stop sending weapons components to Russia and play by the rules on trade.

China was a key focus of the Group of Seven talks in Puglia, amid souring trade relations between Beijing and the West and concerns that its supplies of equipment to Moscow are fuelling Russia's war in Ukraine.

G7 leaders meeting in Italy turn their attention to China on Friday, from security in the Asia-Pacific to how best to protect their industries while avoiding an outright trade war with Beijing.

Multifaceted gains for Ukraine at the G7 summit - Frozen Russian assets will cover the loan - Kiev also signs agreement with Japan

G7 finance ministers said on Saturday they were making "progress" in finding ways to use profits from frozen Russian assets to help Ukraine, according to a draft statement from a summit in Italy.

G7 finance ministers are expected Saturday to agree a broad plan to use interest from frozen Russian assets for Ukraine, paving the way for a potential agreement among leaders next month.

U.S. Treasury Secretary Janet Yellen on Thursday urged G7 ministers meeting in Italy to work on "more ambitious options" to use frozen Russian assets to help Ukraine.

The ministers and central bankers from the Group of Seven world powers are meeting in Stresa, on the shores of northern Italy's Lake Maggiore, to prepare for a summit of G7 heads of state next month in Puglia.

According to an official from the Italian Ministry of Finance, finance ministers from the Group of Seven (G7) nations, scheduled to meet in Italy next week, are set to endorse a European Union proposal. This plan involves utilizing funds from frozen Russian assets to support Ukraine's efforts in the ongoing conflict, as reported by Reuters.

Protesters block the road in the north of Turin before the G7 ministerial meeting on Climate, Energy and Environment, on April 28, 2024 in Turin.

G7 ministers meet for environment and climate change talks in Turin on Monday, with experts urging the highly industrialised countries to use their political clout, wealth and technologies to end fossil fuel use.

U.S. Secretary of State Antony Blinken, centre, is surrounded by Britain's Foreign Secretary David Cameron, left, Japanese Foreign Minister Yoko Kamikawa , high, Canada's Foreign Minister Melanie Joly and Italian Foreign Minister Antonio Tajani as they attend an Indo-Pacific meeting on the sidelines of the G7 Foreign Ministers meeting on Capri Island, Italy, Friday, April 19, 2024.