EU

The G7 Summit concluded with key discussions led by Méabh Mc Mahon and Maia de la Baume, focusing on global security and economic cooperation. Concurrently, updates on the conflict in Iran were provided by Mc Mahon and Babak Kamiar, highlighting ongoing tensions in the region.

The Group of Seven convenes today to discuss critical topics, including ceasefire plans in Gaza, maritime security in the Strait of Hormuz, support for Ukraine, and strengthening sanctions against Russia’s shadow fleet. Their collective economic influence remains significant, despite limitations on binding international legislation.

European Commission President Ursula von der Leyen stated the proposed “European preference” aims to prioritise EU-made products in public procurement, essential for enhancing competitiveness and reducing dependency on foreign imports. Industry leaders warn of supply chain disruptions and increased costs.

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