In addition to bringing devastation to the people of <a href="https://www.nepalitimes.com/opinion/comment/ukraines-lessons-for-sandwiched-nations-like-nepal">Ukraine</a>, the war has had severe impacts on the global scale, even raising the spectre of a nuclear weapon exchange. As the conflict drags into its second year, there have been urgent calls for its resolution, and the matter will come up at the G7 Summit of leading industrial nations in Hiroshima from 19-21 May. In February, an emergency special session of the UN General Assembly passed a resolution calling for the early realisation of peace in Ukraine. Among the operative paragraphs of the resolution was one that urged the ‘immediate cessation of the attacks on the critical infrastructure of Ukraine and any deliberate attacks on civilian objects, including those that are residences, schools and hospitals’. Read also: <a href="https://www.nepalitimes.com/opinion/comment/90-seconds-to-midnight">90 seconds to midnight</a>, Daisaku Ikeda With that as a first essential step, all concerned parties must come together to create a space for deliberation toward a complete cessation of hostilities. I would like to propose that, as negotiations advance through the cooperative efforts of the concerned countries, they be joined by representatives of civil society, such as physicians and educators who work in schools and hospitals to protect and nurture people’s lives and futures, participating as observers. In March, the leaders of Russia and China issued a joint statement following their summit meeting which read in part: ‘The two sides call for stopping all moves that lead to tensions and the protraction of fighting to prevent the crisis from getting worse or even out of control.’ This is aligned with the resolution adopted by the emergency special session of the UN General Assembly. The <a href="https://www.g7hiroshima.go.jp/en/summit/about/">G7 Hiroshima Summit </a>next week is an opportunity to build on these commitments and develop concrete plans for negotiations that will lead to a cessation of hostilities. I also urge the G7 to commit at the Hiroshima Summit to taking the lead in discussions on pledges of No First Use of nuclear weapons. The Ukraine crisis is without parallel in the length of time that the threat of use and the fear of actual use of nuclear weapons have persisted. Since the bombings of Hiroshima and Nagasaki, the hibakusha of those cities, in coordination with the larger civil society movement, have stressed the inhumane nature of nuclear weapons. Non-nuclear-weapon states have engaged in continuous diplomatic efforts, and the states possessing nuclear weapons have exercised self-restraint. As a result, the world has somehow managed to maintain a seventy-seven-year record of non-use of nuclear weapons.  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230509090512_43ed50f0f0bbdd477bc52a0aba3313079bdaf26cdcbedec4f6e9439da3576221.jpg" data-media-id="editor_3" data-image-id="20230509090512_43ed50f0f0bbdd477bc52a0aba3313079bdaf26cdcbedec4f6e9439da3576221" data-rendition-name="original" width="1207" height="702" loading="lazy" alt="G7 summit"> <figcaption>Karipbek Kuyukov (left) at a gathering of anti-nuclear weapons activists in Tokyo ahead of the G7 Summit in Hiroshima. The Kazakh painter was born without arms because of exposure to radiation from the former Soviet nuclear testing site in Semipalatinsk. Photo: Katsuhiro Asagiri, Multimedia Director of INPS Japan.</figcaption> </figure>  If international public opinion and the taboo against the use of nuclear weapons were to fail to provide their braking function, nuclear deterrence policy will compel humankind to stand on the edge of a precipice, never knowing when it might give way. Since the start of <a href="https://www.nepalitimes.com/here-now/ukraine-crisis-hits-nepal-economy-hard">the Ukraine crisis</a>, I have drawn attention to the joint statement by the five nuclear-weapon states (United States, Russia, United Kingdom, France and China) made in January 2022, which reiterated the principle that ‘a nuclear war cannot be won and must never be fought’, and called for it to serve as the basis for reducing the risk of nuclear weapons use. Also of important note is the declaration issued by the G20 group in Indonesia last November, which stated: ‘The use or threat of use of nuclear weapons is inadmissible.’ The G20 member countries include nuclear-weapon states as well as nuclear-dependent states. It is deeply significant that these countries have officially expressed their shared recognition that the use or threat of use of nuclear weapons is ‘inadmissible’ — the spirit underlying the <a href="https://disarmament.unoda.org/wmd/nuclear/tpnw/#:~:text=The%20Treaty%20on%20the%20Prohibition,threaten%20to%20use%20nuclear%20weapons.">Treaty on the Prohibition of Nuclear Weapons</a> (TPNW). It is vital that this message be communicated powerfully to the world from Hiroshima. As the G7 leaders revisit the actual consequences of a nuclear weapon detonation and the bitter lessons of the nuclear era, I urge that they initiate earnest deliberations on making pledges of No First Use so that their shared recognition of the inadmissible nature of nuclear weapons can find expression in changed policies. If agreement could be reached on the principle of No First Use, which was at one point included in drafts of the final statement for last year’s NPT Review Conference, this would establish the basis on which states could together transform the challenging security environments in which they find themselves. I believe it is vital to make the shift to a ‘common security’ paradigm. Commitment to policies of No First Use is indeed a prescription for hope. It can serve as the axle connecting the twin wheels of the NPT and TPNW, speeding realisation of a world free from nuclear weapons. Soka Gakkai International (SGI) has continued to work with the world’s hibakusha, the International Campaign to Abolish Nuclear Weapons, which arose from its parent body IPPNW, and other organisations first for the adoption and now the universalisation of the Treaty on the Prohibition of Nuclear Weapons. As members of civil society, we are committed to promoting the prompt adoption of policies of No First Use of nuclear weapons, generating momentum to transform our age. <a href="https://nam12.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.sokaglobal.org%2Fabout-the-soka-gakkai%2Flives-of-the-founding-presidents%2Fdaisaku-ikeda.html&amp;data=05%7C01%7C%7C530ac282429b4975602d08daf631f280%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C638092991631893918%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=wxDtf2a8bAHpXRQsESarxm6r2OMbqQQ2Yn9cdYklX2A%3D&amp;reserved=0" target="_blank">Daisaku Ikeda</a> is a peace builder and Buddhist leader, and President of the Soka Gakkai International (<a href="https://nam12.safelinks.protection.outlook.com/?url=https%3A%2F%2Fsgi-peace.org%2F&amp;data=05%7C01%7C%7C530ac282429b4975602d08daf631f280%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C638092991631893918%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=sAZGJhUq0jZ6zvwMxPxPP5%2FT6fKkD%2FPoZhyzUI9IFko%3D&amp;reserved=0" target="_blank">SGI</a>). <a href="https://www.daisakuikeda.org/" target="_blank">https://www.daisakuikeda.org/</a>&nbsp; Read <a href="https://www.daisakuikeda.org/sub/resources/works/lect/2023apr27-g7-hiroshima-stmt.html" target="_blank">full statement</a>.

original

674x448

610x380

500x500

400x266

400x240

400x203

301x200

1250x600

1084x550

G7 in Hiroshima must defuse Ukraine nuclear risk

<figure><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109121140/636b92179c7e80680e06f12bjpeg.jpg" alt="" width="1000" height="667"/><figcaption></figcaption></figure>UNICEF Goodwill Ambassadors Priyanka Chopra Jonas, David Beckham, Katy Perry, Orlando Bloom, Whoopi Goldberg, Angélique Kidjo, and Liam Neeson have joined a call demanding that G7 leaders commit to urgently donate doses of Covid-19 vaccines to poorer countries.The open letter, published ahead of the three-day G7 Leaders’ Summit beginning 11 June in Cornwall, UK urges the leaders to share a minimum of 20% of Covid-19 vaccine dose supply urgently, to reduce the risk of the virus spreading further and the threat of mutant strains."The world has spent a year and a half battling the Covid-19 pandemic, but the virus is still spreading in many countries and producing new variants with the potential to put us all back where we started," the letter reads. "This means more school closures, more healthcare disruptions, and greater economic fallout – threating the futures of families and childreneverywhere."Nepal has fully vaccinated close to 700,000 people using either AstraZeneca Covishield or Sinopharm VeroCell vaccines, a mere 4% of its total 30 million population.People in the age group 60-64 are currently being inoculated with their first dose with one million additional doses of VeroCell gifted by China earlier this month.But what Nepal immediately needs is Covidshield vaccines for at least 1.4 million Nepalis above 65 years who had received their first dose three months ago and are past their recommended time for the booster shot.The Serum Institute of India wasn't able to deliver remaining one million doses of Covishield due to the continued Indian ban on the export. The COVAX facility for global equitable distribution of Covid vaccine was able to send only the first consignment of 348,000 doses of Covishield to Nepal due to the bottleneck in supply.On Wednesday, Nepal recorded 4,344 new cases while 5,768 people made a successful recovery. There were 81 fatalities in the past 24 hours. There are now 80,336 active cases. Of 1,312 people in ICUs across the country, 375 are in ventilator support.The COVAX facility is already facing a shortfall of 190 million doses. By donating 20% of their vaccines between June and August, which amounts to 150 million doses, the G7 countries could temporarily compensate for this shortfall.And the G7 nations could do so without significant delay to current plans to vaccinate domestic adult populations, according to a recent data analysis by Airfinity, the life sciences research facility.“The pandemic won’t be over until it’s over everywhere, so it’s vital that all communities around the world have fair access to Covid-19 vaccines urgently,” says David Beckham, English footballer and UNICEF Goodwill Ambassador.Without urgently ensuring fair and equitable access supply, the world will continue to be at risk of deadly virus mutations – like the devastating second wave of Covid-19 sweeping across India and other South Asian countries including Nepal, Pakistan and Afghanistan.“The crisis in India shows why we must act now to avoid further deadly mutations ravaging low- and middle- income nations around the world. UNICEF and its COVAX partners are ensuring vaccines and treatments reaches the world’s most vulnerable populations, but cannot do it alone,” says Priyanka Chopra Jonas, Bollywood actor and UNICEF Goodwill Ambassador.“I’ve joined my fellow UNICEF Goodwill Ambassadors in signing this letter, urgently asking G7 leaders to make this commitment at the UK summit this week, to keep families and children everywhere safe from Covid-19.”The letter reiterates that this weekend’s summit is a vital opportunity to get vaccines where they are most needed, fast, and urges leaders to set out a roadmap to scale-up donations as supplies increase, noting that forecasts suggest as many as one billion doses may be available for donation by year end.“Countries need not choose between fighting the disease at home or fighting it abroad. We can, and must, do both simultaneously – and immediately,” says Henrietta Fore, UNICEF Executive Director. “This is a pivotal time in the fight against Covid-19, as leaders meet to set priorities for what form this fight will take in the coming weeks and months. The disease is not respecting boundaries on a map. Our fight to get ahead of the virus, and its variants, should not either.”The 28 high-profile UNICEF Ambassadors and Supporters joining the cause to ensure fair and equitable vaccine supply to low- and middle- income countries are Ramla Ali, Fernando Alonso, David Beckham, Orlando Bloom, José Manuel Calderón, Sofia Carson, Gemma Chan, Priyanka Chopra Jonas, Olivia Colman, Billie Eilish, Pau Gasol, Whoopi Goldberg, David Harewood, Sir Chris Hoy, Angelique Kidjo, Téa Leoni, Lucy Liu, Juan Manuel López Iturriaga, Ewan McGregor, Alyssa Milano, Andy Murray, Liam Neeson, Liam Payne, Katy Perry, Sergio Ramos, Claudia Schiffer, Teresa Viejo and P!nk.

Hollywood call for urgent vaccine supply

<figure><img width="1644" height="1084" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110131124/636ced8d9c7e80680e09add2jpeg.jpg" alt=""/><figcaption>All photos: UNICEF NEPAL</figcaption></figure>UNICEF has made an urgent appeal ahead of a G7 summit next month to ask developed countries to release some of their vaccine stockpiles to fight the second wave of the Covid-19 pandemic sweeping the Subcontinent.UNICEF with WHO are sponsors of the COVAX Facility that had promised to procure vaccines for developing countries so that they could inoculate at least 20% of their populations. Nepal has only received 348,000 out of the promised 2.248 million doses in March. By the end of this week, the global Covid vaccine equity scheme will have been able to deliver only 65 million of the 170 million doses it was supposed to ship out by now. By the time G7 leaders gather in the UK next month, and as <a href="https://www.nepalitimes.com/editorial/this-is-war/" target="_blank" rel="noopener noreferrer">a deadly new surge devastated India and Nepal</a>, the shortfall will near 190 million doses."We have issued repeated warnings of the risks of letting down our guard and leaving low and middle income countries without equitable access to vaccines, diagnostics and therapeutics," UNICEF Executive Director Henrietta Fore said in a strongly-worded statement issued in New York on Monday.She added: "While the situation in India is tragic, it is not unique. Cases are exploding and health systems are struggling in countries near – like Nepal, Sri Lanka and Maldives – and far, like Argentina and Brazil. The cost for children and families will be incalculable."On Monday, Nepal recorded a spike in new cases <a href="https://www.nepalitimes.com/latest/covid-19-numbers-slightly-down-in-nepal/" target="_blank" rel="noopener noreferrer">after a slight dip over the weekend</a> with 9,247 new infections, 3,098 of them in Kathmandu Valley. Test positivity rate climbed back to 41.8%. Total fatalities in the last 24 hours also saw a notable increase at 214.There were 5,767 recoveries while 6,970 individuals are undergoing treatment in various hospitals across the country. Of them, 1,259 are in ICU and 400 in ventilators support. <figure><img width="2058" height="1238" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110131124/636ced909c7e80680e09add3jpeg.jpg" alt=""><figcaption></figcaption></figure><img width="640" height="355" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110131124/636ced939c7e80680e09add4jpeg.jpg" alt=""><img width="640" height="345" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110131124/636ced969c7e80680e09add5jpeg.jpg" alt="">Nepal restarted its vaccination drive from 16 May for some 300,000 people in the age group 18-59 years who received their first dose of the Chinese VeroCell vaccine last month.So far less than 400,000 of Nepal’s 30 million population have been inoculated with both doses while the fate of 1.3 million who received the first shot of Covishield vaccine remains uncertain because of the ban on exports of the AstraZeneca covishield vaccine by India.Nepal has run out of AstraZeneca Covishield stock, and the COVAX initiative has not been able to deliver after its first consignment of 348,000 doses of the Covishield jab in March (pictured above).The <a href="https://www.nepalitimes.com/opinion/how-nepal-can-survive-2nd-covid-wave/" target="_blank" rel="noopener noreferrer">clearest pathway out of this pandemic</a> is a global, equitable distribution of vaccines, diagnostics and therapeutics. But COVAX is undersupplied due to limited production capacity, particularly because of the surge in India, which is a global hub for vaccine production.Vaccine nationalism and lack of funding have also played a part in delaying the roll-out. The longer the virus continues to spread unchecked, the higher the risk of more deadly or contagious variants emerging. New data analysis provided by Airfinity, the life sciences research facility, and commissioned by the UK National Committee for UNICEF, indicates that G7 nations and ‘Team Europe’ group of European Union Member States could donate around 153 million vaccine doses if they shared just 20% of their available supply over June, July and August.Critically, they could do so while still meeting their commitments to vaccinate their own populations and buttress vulnerable countries against becoming the next global hotspot while doing so, warns Fore in her statement, adding that supporting the expansion of vaccine manufacturing capacity will help the global vaccinate race.She says: "These measures are critical, but they won’t change anything overnight. Sharing immediately available excess doses is a minimum, essential and emergency stop-gap measure, and it is needed right now."UNICEF helped the Nepal government on Monday to fly in 155,000 Covid-19 antigen test kits to Kathmandu. The kits will be used for quick testing to gauge community spread and at the Indian border.

UNICEF urges G7 to dispatch vaccines

<figure><img width="1644" height="1084" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109111148/636b85779c7e80680e0677f5jpeg.jpg" alt=""/><figcaption>All photos: UNICEF NEPAL</figcaption></figure>UNICEF has made an urgent appeal ahead of a G7 summit next month to ask developed countries to release some of their vaccine stockpiles to fight the second wave of the Covid-19 pandemic sweeping the Subcontinent.UNICEF with WHO are sponsors of the COVAX Facility that had promised to procure vaccines for developing countries so that they could inoculate at least 20% of their populations. Nepal has only received 348,000 out of the promised 2.248 million doses in March. By the end of this week, the global Covid vaccine equity scheme will have been able to deliver only 65 million of the 170 million doses it was supposed to ship out by now. By the time G7 leaders gather in the UK next month, and as <a href="https://www.nepalitimes.com/editorial/this-is-war/" target="_blank" rel="noopener noreferrer">a deadly new surge devastated India and Nepal</a>, the shortfall will near 190 million doses."We have issued repeated warnings of the risks of letting down our guard and leaving low and middle income countries without equitable access to vaccines, diagnostics and therapeutics," UNICEF Executive Director Henrietta Fore said in a strongly-worded statement issued in New York on Monday.She added: "While the situation in India is tragic, it is not unique. Cases are exploding and health systems are struggling in countries near – like Nepal, Sri Lanka and Maldives – and far, like Argentina and Brazil. The cost for children and families will be incalculable."On Monday, Nepal recorded a spike in new cases <a href="https://www.nepalitimes.com/latest/covid-19-numbers-slightly-down-in-nepal/" target="_blank" rel="noopener noreferrer">after a slight dip over the weekend</a> with 9,247 new infections, 3,098 of them in Kathmandu Valley. Test positivity rate climbed back to 41.8%. Total fatalities in the last 24 hours also saw a notable increase at 214.There were 5,767 recoveries while 6,970 individuals are undergoing treatment in various hospitals across the country. Of them, 1,259 are in ICU and 400 in ventilators support. <figure><img width="2058" height="1238" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109111148/636b857a9c7e80680e0677f6jpeg.jpg" alt=""><figcaption></figcaption></figure><img width="640" height="355" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109111148/636b857d9c7e80680e0677f7jpeg.jpg" alt=""><img width="640" height="345" src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221109111148/636b85809c7e80680e0677f8jpeg.jpg" alt="">Nepal restarted its vaccination drive from 16 May for some 300,000 people in the age group 18-59 years who received their first dose of the Chinese VeroCell vaccine last month.So far less than 400,000 of Nepal’s 30 million population have been inoculated with both doses while the fate of 1.3 million who received the first shot of Covishield vaccine remains uncertain because of the ban on exports of the AstraZeneca covishield vaccine by India.Nepal has run out of AstraZeneca Covishield stock, and the COVAX initiative has not been able to deliver after its first consignment of 348,000 doses of the Covishield jab in March (pictured above).The <a href="https://www.nepalitimes.com/opinion/how-nepal-can-survive-2nd-covid-wave/" target="_blank" rel="noopener noreferrer">clearest pathway out of this pandemic</a> is a global, equitable distribution of vaccines, diagnostics and therapeutics. But COVAX is undersupplied due to limited production capacity, particularly because of the surge in India, which is a global hub for vaccine production.Vaccine nationalism and lack of funding have also played a part in delaying the roll-out. The longer the virus continues to spread unchecked, the higher the risk of more deadly or contagious variants emerging. New data analysis provided by Airfinity, the life sciences research facility, and commissioned by the UK National Committee for UNICEF, indicates that G7 nations and ‘Team Europe’ group of European Union Member States could donate around 153 million vaccine doses if they shared just 20% of their available supply over June, July and August.Critically, they could do so while still meeting their commitments to vaccinate their own populations and buttress vulnerable countries against becoming the next global hotspot while doing so, warns Fore in her statement, adding that supporting the expansion of vaccine manufacturing capacity will help the global vaccinate race.She says: "These measures are critical, but they won’t change anything overnight. Sharing immediately available excess doses is a minimum, essential and emergency stop-gap measure, and it is needed right now."UNICEF helped the Nepal government on Monday to fly in 155,000 Covid-19 antigen test kits to Kathmandu. The kits will be used for quick testing to gauge community spread and at the Indian border.

<img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221107111152/6368e3fc9c7e80680e0333b2jpeg.jpg" alt="" width="1192" height="830"/>This month President Trump launched the opening salvo of a trade war by <a href="http://time.com/5297073/donald-trump-steel-aluminum-tariffs-eu-canada-mexico/" target="_blank" rel="noopener">unilaterally imposing tariffs on steel and aluminum imported into the country from the European Union (EU), Canada and Mexico.</a>Canada immediately warned that it would announce retaliatory measures. The EU and Mexico have their guns loaded. The US and China are also at the brink of a trade war.On 15 June, Trump announced tariffs on $50 billion worth of Chinese goods and warned that any retaliation by Beijing would trigger another round of tariffs on Chinese goods. But <a href="https://www.nytimes.com/2018/06/15/us/politics/us-china-tariffs-trade.html" target="_blank" rel="noopener">China struck back</a> within hours, slapping the same amount of tariff on American imports, from agriculture and seafood to cars and energy products.Hopefully the worst can still be avoided, but the experience of the 1930s and the subsequent Great Depression suggest that <a href="https://www.theguardian.com/commentisfree/2018/apr/05/us-china-trade-war-supply-chains-consumers" target="_blank" rel="noopener">trade wars can have serious economic and social consequences on the entire global economy</a>. The IMF has warned that Trump’s new import tariffs pose a stark threat to the global trading system and will ultimately damage the US economy.In addition to starting <a href="https://www.bbc.com/news/world-43512098" target="_blank" rel="noopener">trade wars</a>, Trump’s trade policies are undermining the post-World War II rules-based multilateral trading system established by the US itself, as the hegemon, with the cooperation of other like-minded countries mainly in Europe.Under the auspices of GATT and its successor the WTO, globally tariffs had fallen to record low levels, the volume of international trade had expanded, bringing unprecedented economic prosperity all over the world.Seventy years on, the Doha Round has stalled and some of the WTO rules and exceptions to the rules need to be revisited. But instead of reforming the institution, Trump has threatened to withdraw the US from the WTO – which could happen if the WTO rules against the recent metal tariffs which the US imposed on national security grounds.The US is also undermining the <a href="https://www.wto.org/" target="_blank" rel="noopener">WTO</a> by refusing to appoint new judges to the WTO Appellate Body, accusing it of bias against the US. The WTO has traditionally appointed judges based on consensus among its members. Perhaps it is time to change this method to save the rules-based system.At the recent G7 summit, with a single tweet from Air Force One while flying to Singapore, Trump drove a deep wedge between the US and other countries that traditionally consider themselves Washington’s closest allies and which had cooperated closely with the US to help build the post-World War II rules-based trading system. The summit was a fiasco.The future of the G7, which is supposed to be an oversight body for global matters including trade, is therefore uncertain. Contrary to what Trump had said at the recent Davos meeting that ‘America First does not mean America Alone’, the G7 is now being described by many as G6+1.The European Union countries and Japan, China, and India should unite, resist, and speak up in favour of the WTO. They should also cooperate more closely in resolving issues, for example, on agriculture, trade, and in reforming the WTO. One reform proposal is that the WTO should address the 21st century trade issues which are ‘behind the border’ such as rules for investment protection, intellectual property and regulations on product standards and their harmonisation.Global value chain or parts and components trade now comprise about 70% of global trade. Currently the WTO focuses on 20th century trade issues such as tariffs, quotas, and subsidies. It is the mega-free trade agreements such as the <a href="https://en.wikipedia.org/wiki/Comprehensive_and_Progressive_Agreement_for_Trans-Pacific_Partnership" target="_blank" rel="noopener">Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)</a> and, to a lesser extent, the <a href="https://en.wikipedia.org/wiki/Regional_Comprehensive_Economic_Partnership" target="_blank" rel="noopener">Regional Comprehensive Economic Partnership (RCEP)</a> that are focusing on 21st century trade issues.It is also time to start thinking of replacing the G7 with the G20. Of course, the G20 is not perfect and there is a need to enhance both its ‘input’ legitimacy – its exclusive nature and lack of broader representation – and ‘output’ legitimacy – its ability to strengthen international cooperation and come up with solutions.But it is the only forum where, in addition to the G7 countries, systemically important emerging markets have a representation and voice. The G7 members once ruled the world but now their share of world GDP is declining from about three-fourths in the 1990s to about one-half currently. The G7’s share of world population has also declined from about 20% to 15% during the same period, with aging populations in most countries. On the other hand, the G20 accounts for 85% of the world’s GDP and over 60% of its population. It could well save the global trading system from the depredation of the go-it-alone tendency of the US.Pradumna B Rana is Associate Professor at the Centre for Multilateralism Studies at the S. Rajaratnam School of International Studies (RSIS), Nanyang Technological University in Singapore.

g7

G7 in Hiroshima must defuse Ukraine nuclear risk

Hollywood call for urgent vaccine supply

UNICEF urges G7 to dispatch vaccines

UNICEF urges G7 to dispatch vaccines

Trade tit-for-tat