Canadian Prime Minister Mark Carney said the Group of Seven (G7) no longer runs the world, describing India's participation in the summit as a reflection of a changing global order. Speaking at Trinity College Dublin, Carney said today's global challenges can no longer be addressed by a small group of advanced economies alone.
Carney said this year's summit shows a recognition that global governance is changing and that countries outside the G7 have an increasingly important role in shaping international issues.
The Canadian PM noted that alongside G7 members, the summit will include leaders from India, Brazil, Egypt, Kenya and several Gulf nations. According to him, these countries will bring a wider range of perspectives to discussions on pressing global challenges.
"More than half the meeting will include so-called outreach partners -- particularly India, the leaders of India, the leaders of Brazil, the Gulf states as well, the leader of Kenya, will be there. So, a series of other partners that bring a broader perspective and a broader element of the solution."
"It's a recognition that the G7, if it ever did run the world, no longer runs the world or pretends to," he said.
Carney said the gathering could help define elements of a new international order at a time when geopolitical tensions, economic uncertainty and technological disruption are reshaping global affairs. He made the remarks ahead of the ongoing G7 Summit in France during his six-day visit to Europe.
