May 31, 2020 | Investopaper
US President Donald Trump has postponed the summit of the world’s major industrialized nations (G7) until at least September. The summit, scheduled for the end of June, has been postponed due to the spread of coronavirus infection worldwide.
President Trump has also said that the structure of the G7 is now “outdated and irrelevant.” According to CNN, President Trump has said, “I have postponed the G7 meeting until at least September, because the current G7 group cannot address the current crisis in the world.”
The major industrialized nations of the world- United States, Japan, United Kingdom, France, Germany, Italy and Canada are the member of G7. The summit was scheduled to take place on June 10-12 in Washington DC, USA.
There is a practice of seven countries taking turns to chair the G7. Alyssa Farah, a spokeswoman for the US president’s office, said President Trump wanted to include countries affected by the coronavirus, including traditional allies of the United States, and that China’s future would be discussed at the meeting.
German Chancellor Angela Merkel’s office has announced that she will not attend the G7 summit unless the spread of the coronavirus in Germany is stopped. President Trump has proposed changing the structure of the G7 to include Russia, India, South Korea and Australia. But Canadian Prime Minister Justin Trudeau has objected to Russia’s re-entry into the G7. Russia was removed from the G7 in 2014.