Home ›› 18 May 2023 ›› Asia Biz
People walk under a banner in a shopping street, announcing the upcoming Group of Seven nations’ meetings in Hiroshima, western Japan, Wednesday, May 17, 2023. The G-7 summit starts Friday. (AP Photo/Hiro Komae)
The symbolism will be palpable when leaders of the world’s rich democracies sit down in Hiroshima, a city whose name evokes the tragedy of war, to tackle a host of challenges including Russia’s invasion of Ukraine and rising tensions in Asia.
The attention on the war in Europe comes just days after Ukrainian President Volodymyr Zelenskyy completed a whirlwind trip to meet many of the Group of Seven leaders now heading to Japan for the summit starting Friday. That tour was aimed at adding to his country’s weapons stockpile and building political support ahead of a widely anticipated counteroffensive to reclaim lands occupied by Moscow’s forces.
“Ukraine has driven this sense of common purpose” for the G-7, said Matthew P. Goodman, senior vice president for economics at the Center for Strategic and International Studies.
He said the new commitments Zelenskyy received just ahead of the summit could push members of the bloc to step up their support even further. “There’s a kind of peer pressure that develops in forums like this,” he explained.
G-7 leaders are also girding for the possibility of renewed conflict in Asia as relations with China deteriorate. They are increasingly concerned, among other things, about what they see as Beijing’s growing assertiveness, and fear that China could could try to seize Taiwan by force, sparking a wider conflict. China claims the self-governing island as its own and regularly sends ships and warplanes near it.
Japanese Prime Minister Fumio Kishida also hopes to highlight the risks of nuclear proliferation during the meeting in Hiroshima, the site of the world’s first atomic bombing.
The prospect of another nuclear attack has been crystalized by nearby North Korea’s nuclear program and spate of recent missile tests, and Russia’s threats to use nuclear weapons in its war in Ukraine. China, meanwhile, is rapidly expanding its nuclear arsenal from an estimated 400 warheads today to 1,500 by 2035, according to Pentagon estimates.
Concerns about the strength of the global economy, rising prices and the debt limit crisis in the U.S. will be high on leaders’ minds.
G-7 finance ministers and central bank chiefs meeting ahead of the summit pledged to enforce sanctions against Russia, tackle rising inflation, bolster financial systems and help countries burdened by heavy debts.
The G-7 includes the United States, Japan, the United Kingdom, France, Germany, Canada and Italy, as well as the European Union.
That group is also lavishing more attention on the needs of the Global South — a term to describe mostly developing countries in Africa, Asia and Latin America — and has invited countries ranging from South American powerhouse Brazil to the tiny Cook Islands in the South Pacific.
By broadening the conversation beyond the world’s richest industrialized nations, the group hopes to strengthen political and economic ties while shoring up support for efforts to isolate Russia and stand up to China’s assertiveness around the world, analysts say.
“Japan was shocked when scores of developing countries were reluctant to condemn Russia for its invasion of Ukraine last year,” said Mireya Solís, director of the Center for East Asian Policy Studies at The Brookings Institution. “Tokyo believes that this act of war by a permanent member of the U.N. Security Council is a direct threat to the foundations of the postwar international system.”
Getting a diverse set of countries to uphold principles like not changing borders by force advances Japan’s foreign policy priorities, and makes good economic sense since their often unsustainable debt loads and rising prices for food and energy are a drag on the global economy, she continued.
Indian Prime Minister Narendra Modi will also be attending. His country, which is overtaking China as the world’s most populous and sees itself as a rising superpower, is playing host to a meeting of the much broader group of G-20 leading economies later this year. For host Kishida, this weekend’s meeting is an opportunity to spotlight his country’s more robust foreign policy.
The Japanese prime minister made a surprise trip to Kyiv in March, making him the country’s first postwar leader to travel to a war zone, a visit freighted with symbolism given Japan’s pacifist constitution but one that he was under domestic pressure to take.