Gist of joint statement issued after G7 summit in Italy

The following is the gist of a joint statement released Friday on the second day of the three-day summit of the Group of Seven industrialized nations in Fasano, southern Italy.

The G7:

-- strongly opposes any unilateral attempt to change status quo by force or coercion in East, South China seas.

-- reaffirms peace and stability across Taiwan Strait are indispensable to international security and prosperity.

-- expresses serious concern about China's increasing use of dangerous maneuvers and water cannons against Philippine ships.

-- voices concern about China's nonmarket policies and practices that are leading to harmful overcapacity.

-- agrees to provide $50 bil. in loans for Ukraine using frozen Russian assets.

-- remains committed to Ukraine's long-term security and goal of realizing just, lasting and comprehensive peace.

-- demands China to press Russia to stop aggression against Ukraine and to cease dual-use materials transfers to Russia.

-- condemns increasing North Korea-Russia military ties in strongest possible terms.

-- says Israel must fully comply with international law in all circumstances.

-- will launch an action plan on use of AI in world of work.

© Kyodo News