The leaders of the Group of Seven industrialized nations are expected to commit to up to $5 billion to address global food security amid the ongoing Russian invasion of Ukraine, a senior U.S. government official said Tuesday.
With a communique to be issued upon the end of the three-day summit in Germany later in the day, the G-7 is set to acknowledge the "harms" caused by what they view as China's nontransparent, market-distorting industrial directives and commit to developing a "coordinated approach to remedy" such practices, the official said.
The communique will also include language on Taiwan, a self-ruled island that Beijing views as its own, the official said, noting that the wording would be "very similar" to last year's G-7 summit statement.
The communique last year underscored "the importance of peace and stability across the Taiwan Strait."
