G7 leaders to discuss phase-out of some fossil fuels at Hiroshima summit

Leaders of the Group of Seven nations are set to begin their three-day summit in the western Japanese city of Hiroshima on Friday.

On the economic front, arrangements are underway for the leaders to agree to phase out fossil fuels that are not currently subject to emission reduction measures.

The summit will also include a session focused on economic security for the first time. This is against the backdrop of Russia's invasion of Ukraine and tensions between the United States and China.

The session on economic security will take place on Saturday. The leaders are expected to discuss the establishment of a framework that will enable the G7 members to work together to counter "economic coercion." This may be a bid to keep China in check.

The G7 leaders will also likely take up the issue of generative AI tools, such as ChatGPT, with the aim of setting global rules by the end of the year on copyright violations and disinformation.

Agricultural support for the developing and emerging nations that are collectively known as the Global South is also among the key items on the agenda. This comes amid growing concerns about a food crisis.