The three-day G7 summit came to a close in southwestern England Sunday, with leaders issuing a joint communique titled "Our shared agenda for global action to build back better."
The leaders of the G7 countries - Canada, France, Germany, Italy, Japan, the UK and U.S. - underscored that they will join hands to further promote shared values as open societies.
The communique laid out the need for a shared G7 agenda for global action including efforts to put an end to the COVID-19 pandemic, revitalizing the global economy, protecting our planet and embracing shared values.
First, on their commitment to COVID-19 vaccines, the G7 pledged to donate one billion vaccine doses over the next year.
"I'm very pleased to announce that this weekend leaders have pledged over one billion doses, either directly or through funding to COVAX. That includes 100 million from the UK to the world's poorest countries, which is another, another big step towards vaccinating the world."
On global economy, the world's seven most advanced economies agreed to advance recovery plans, building on the 12 trillion U.S. dollars of support that they have put in place during the pandemic.
During this process, they stressed, no place or person, regardless of age, ethnicity or gender, shall be left behind.
Climate change was also an important topic of discussion for the G7 leaders, who vowed to increase their climate finance contributions to meet an overdue spending pledge of 1-hundred billion dollars a year to help poorer nations around the world.
In securing future prosperity, the communique also highlighted that the G7 champions freer and fairer trade within a reformed trading system as well as a fairer global tax system.
Lastly, in an effort to counter China's growing influence, the G7 leaders also signaled a desire to build a rival to China's multi-trillion-dollar Belt and Road initiative.
They shared the same view that in some issues, including the tackling of climate change, for example, China needs to be part of the conversation.
But, they agreed in many other areas, like on economy and trade, that the G7 is in a more competitive position with Beijing, as well as issues like human rights, which the communique highlights needs to be harnessed globally, together with other values like democracy, freedom and the rule of law.
Kim Hyo-sun, Arirang News.