G7 Summit 2026 Convenes Coalition of Convergence to Address ‘Global Imbalances’
The 52nd G7 Summit 2026 took place in Evian, France, from 15 to 17 June 2026. The leaders’ roundtable was moved by one day to accomodate Trump’s 80th birthday which fell on 14 June 2026. In addition to the seven G7 member states, viz, Canada, France, Germany, Italy, Japan, UK, and USA, French President Emmanuel Macron invited India, Egypt, Kenya, Brazil and South Korea.
The main focus of this Summit was to address ‘global economic imbalances’, which France summarizes as ‘China’s overcapacity, USA’s overconsumerism, and EU’s underinvestment’.
The Evian Summit launched the Critical Minerals Resilience and Production Alliance to address over dependence on China. The Group set a reduce of any non-G7 supplier to 60% or lesss by 2030. To achieve this, the Group will coordinate strategic stockpiling, targeted investment in extraction and refining, and recycling.
In particular, Canada promoted the Critical Minerals and Defense Push. Canadian Prime Minister Mark Carney aims to mobilize at least USD 5 billion to secure #CriticalMinerals and launched a joint fighter jet program with Italy, and deepened defense cooperation with Germany, India, and South Korea.
On the security front, Trump signed an MoU with Iran during the state banquet at Versailles. As the Iran issue appears to move toward a resolution, the EU hopes that the US will now focus on the Ukraine-Russia conflict. In particular, the EU hopes Trump would use his personal relationship with Putin to bring an end to the war.
In line with its new strategy of getting closer to Europe, the UK pursued its sustained engagement with the EU. UK PM Keir Starmer and EC President Ursuala von der Leyen had a bilateral and announced a EU-UK Summit for 22 July 2026.
In view of the outbreak of the Ebola virus, the G7 committed over USD one billion to respond to this health risk. France reiterated its support reforms to the International Fianncial Architecture, in response to repeated calls from India and Kenya on that subject matter.
AI was also on the agenda, with representatives from the #GlobalSouth emphasized that technological development and AI governance must not leave any country behind. The Summit proposed an OECD-hosted AI Training Hub to reskilling and upskilling people to use the technology effectively.