G7 Summit 2024: Political Instability Casts Shadow on Expectations

In the lead-up to the G7 Summit 2024, political turbulence across member nations has tempered hopes for significant outcomes. Natalie Tocci from the Italian Institute for International Affairs expressed grim predictions, highlighting concerns over potential leadership shifts towards figures like Donald Trump in the US and the rise of far-right factions in France. She cautioned that the summit might only amplify fears of impending global crises.

The agenda at the Savelletri resort reflects these apprehensions. All G7 leaders reaffirm support for President Joe Biden’s initiative to end the conflict in Gaza, advocating for an immediate ceasefire, hostage release, and increased humanitarian aid. Meanwhile, Italy’s Mattei Plan seeks financial contributions from other nations to foster economic development in African countries, although skeptics suggest ulterior motives related to migration control.

Economic security remains pivotal, with a renewed focus on an anti-coercion pact aimed at curbing undue influence by economically powerful states like China and Russia. The US is particularly eager to revisit this agreement following last year’s adoption.

Additionally, discussions on the safety of artificial intelligence (AI) resurface, building on previous efforts to establish global norms for safe and ethical AI deployment. Pope Francis, attending his first G7 summit, is set to address ethical concerns surrounding AI, advocating for regulatory frameworks that safeguard human rights and promote responsible AI innovation.

The G7 Summit 2024 thus navigates a landscape fraught with geopolitical uncertainties, aiming to forge consensus on critical global issues amid shifting political dynamics.