47th G7 summit

Britain is urgently looking to reset its trading relationship with the European Union, and sees international commerce as key to reviving U.K. growth, Trade Minister Douglas Alexander has told AFP.

Alexander said Britain's 2016 vote to leave the EU caused "significant disruption" to its trade policy and the country needed to recalibrate its global trade outlook.

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.

The European Union and 12 partner countries have met in Brussels to discuss the effectiveness of Western sanctions on Russia and ways to strengthen the G7 price cap on Russian oil, the EU Commission said on Tuesday.

The EU plans to lend Ukraine 35 billion euros ($39 billion), backed by the revenues of Russian assets frozen in the bloc, European Commission chief Ursula von der Leyen said Friday.

When Prime Minister Narendra Modi went to Italy for the G7 summit, it was not diplomatic meetings that dominated headlines back in India, but the relationship with his Italian counterpart.

"Hello from the 'Melodi' team," Prime Minister Giorgia Meloni said in a video posted to social media on June 15, waving next to her fellow right-wing leader Modi, beaming a wide grin.

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.

President Recep Tayyip Erdoğan has arrived at the G7 summit held in Italy's Puglia region, joining global leaders as a special guest to discuss pressing international issues.

During the three-day summit, which began on June 13, Erdoğan will emphasize Türkiye's role in diplomatic and humanitarian aid efforts, focusing on the Gaza war.

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

A general view shows the Swabian Castle of Brindisi (Castello Svevo), the venue that will host the welcome dinner of the G7 Summit, on June 12, 2024 in Brindisi.

G7 leaders gather Thursday for the first day of an Italy summit, hoping to seal a deal on providing $50 billion for Ukraine using frozen Russian assets.