G-7 trade ministers pledge to boost supply chain resiliency

Politics Economy

Trade ministers from the Group of Seven advanced economies agreed Thursday to bolster supply chain resiliency for vital products including critical minerals amid Russia's ongoing war in Ukraine. The ministers from Britain, Canada, France, Germany, Italy, Japan and the United States, plus the European Union said in a statement after their meeting in Germany that recent crises have drawn attention to "systemic vulnerabilities to chronic risks and acute supply chains shocks" that hamper economic growth and security. "We, the G-7 Trade Ministers, underline that diversifying trade and expanding tra...

Kyodo News

Kyodo News