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The G7 affirmed to uphold "the free and open international order" based on "the rule of law", and strengthened the G7's outreach to the emerging and developing countries. [136] The long guest list reflects the attempts to woo what many call the "Global South", a term used for developing countries in Asia, Africa and Latin America, all of whom ...
Paris Club, a group of major creditor countries whose officials meet ten times a year in the city of Paris, with the intent to find coordinated and sustainable solutions to the payment difficulties experienced by debtor countries. PIGS, also PIIGS, the economies of the countries of Portugal, Greece, Spain, Italy and/or Ireland.
The countries have joined China’s regional rival India in objecting to the map that was ... The nation said it has filed a diplomatic protest over the map. The Philippines also called on China ...
In the article he endorsed the Atlantic Council initiative and subsequent Donald Trump administration proposal to expand the G7 into a larger group of democracies that will be known as the D-10, with the addition of Australia, India [3] and South Korea, [4] as "most urgent for questions of trade, technology, supply chains, and standards." [5]
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BRICS is an intergovernmental organization consisting of ten countries—Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates. It is considered to be a counterpart and alternative to the G7 bloc of the world's largest economies and combined represent nearly half [ 2 ] of the world's population.
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The European Union (EU) is a member of the G7 (the G8, until Russia was uninvited in 2014).It has been dubbed its "8th member", [1] holds all the privileges and obligations of membership but without the right to host or chair a summit. [2]