Category: World News

Schloss Elmau, Germany - The President met with the other Leaders of the G-7 at Schloss Elmau, Germany on June 7-8 to make tangible progress on a wide range of economic, security, and development priorities.  The G-7 stands resolved in its commitment to uphold the values of freedom and democracy, the rule of law and respect for human rights, and the principles of sovereignty and territorial integrity.

Promoting Peace and International Security

This year marks the second G-7 Summit since Russia’s participation was suspended in response to its actions in Ukraine.  G-7 Leaders remain united in support of the efforts of the people of Ukraine to strengthen their economy and to build a deeper and stronger democracy that accommodates the rights and aspirations of all people in all regions of Ukraine.  G-7 Leaders also expressed their resolve to work together to address other ongoing international security challenges and promote peace and stability globally.

Additionally, the Leaders confirmed their commitment to work alongside international financial institutions to provide the economic support and technical assistance Ukraine needs as it implements reforms that will transform its economy and make its democracy more responsive to the Ukrainian people.  G-7 Leaders welcomed the significant steps Ukraine has taken in recent weeks to advance its reform agenda in line with this new IMF program.

Achieving Strong, Sustainable, and Balanced Global Economic Growth

G-7 Leaders reiterated key policy commitments to support the global economy, including commitments to market-determined exchange rates and to implement fiscal strategies flexibly to support growth and job creation.  Leaders also emphasized the importance of protecting intellectual property rights, and the need to continue progress on efforts in the G-20 to strengthen the international financial system, combat tax evasion and eliminate incentives for tax avoidance. 

Promoting High-Standard Trade and Investment

The United States is currently negotiating high-standard trade agreements with all other G-7 countries—Canada and Japan in the Trans-Pacific Partnership (TPP), and Germany, France, the United Kingdom, and Italy in the Trans-Atlantic Trade and Investment Partnership (T-TIP).  Leaders resolved to make every effort to finalize negotiations on the TPP as soon as possible, and to accelerate work on all T-TIP issues, ensuring progress in all the elements of the negotiations, with the goal of finalizing understandings on the outline of an agreement as soon as possible, preferably by the end of the year. 

Addressing Climate Change, Protecting the Environment, and Boosting Energy Security

Leaders affirmed their strong determination to reach a successful climate agreement this December at the United Nations Climate Conference in Paris.  To help advance this objective, all G-7 countries have now announced or proposed post-2020 climate targets, including the U.S. target to cut carbon pollution by 26-28 percent from 2005 levels by 2025.  G-7 Leaders encouraged other countries who have not yet announced post-2020 targets to do so well in advance of the Paris conference.  Recognizing that these targets are only a next step, G-7 Leaders also articulated a long-term vision for decarbonizing our economies by the end of the century, as well as the need to be ambitious in setting goals for cutting carbon by 2050 in line with scientific evidence.  The Leaders also announced the following concrete steps to address climate change, protect the environment, and boost energy security.

Supporting Sustainable Development

2015 is a landmark year for development.  The United States and the G-7 expressed their commitment to achieving a successful outcome in the Third International Conference on Financing for Development in July and the UN Summit for the adoption of the Post-2015 Development Agenda in September 2015, which will set the global sustainable development agenda for the next 15 years.  G-7 Leaders also announced several steps to advance key development priorities.

Advancing Global Health and the Global Health Security Agenda

The Ebola epidemic underscored the importance of strong health systems and the urgency with which the global community must act to establish capacity in every country to prevent, detect and respond to biological threats, whether naturally occurring, deliberate or accidental.  At Schloss Elmau, G-7 Leaders committed to take action to attain zero Ebola cases, assist with recovery in West Africa, and enhance crisis response for epidemics, as well as to fight antimicrobial resistance, combat neglected tropical diseases, and advance the Global Health Security Agenda, including by establishing the capacity required to achieve the Agenda’s targets in at least 60 countries.

Advancing Women’s Economic Empowerment

G-7 Leaders are committed to advancing women’s economic empowerment both at home and around the world.  Leaders realize that in order to do so, they must address discrimination, sexual harassment, violence against women and girls, and other cultural, social economic and legal barriers to women’s economic participation.  At this year’s G-7 Summit, Leaders reaffirmed their commitment to reduce the gender gap in workforce participation, and announced the creation of a G-7 working group to advance progress on these new initiatives.

This work complements ongoing United States efforts to support women and girls around the world.  Through the National Action Plan for Women, Peace, and Security, the United States is working to ensure that women are empowered as peace-builders, protected from violence in conflict, and receive access to relief and recovery resources in times of crisis.  The U.S. Strategy to Prevent and Respond to Gender-based Violence Globally coordinates U.S. Department and Agencies in efforts to address the gender-based violence that prevents too many women from participating in the workforce and other aspects of public life.   The Equal Futures Partnership, launched by the United States in 2012, brings together 27 countries, including G-7 members Italy, Japan, the United Kingdom, and the European Union, to make domestic commitments related to women’s political and economic empowerment.  Finally, through the Let Girls Learn Initiative, we are increasing our efforts to ensure that girls around the world complete secondary education and are prepared to enter the workforce. 

The United States has also shown sustained commitment to improving work-life balance and to making work pay for women through its support of efforts to expand paid leave, raise the minimum wage, and ensure equal pay.