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The G7 is committed to removing forced labor from supply chains

The G7 is committed to removing forced labor from supply chains. China's Xinjiang region has been identified as a major source of concern.

The G7 is committed to removing forced labor from supply chains
Yazar: Tom Roberts

Yayınlanma: 14 Haziran 2021 11:36

Güncellenme: 22 Kasım 2024 20:10

The G7 is committed to removing forced labor from supply chains

The G7 is committed to removing forced labor from global supply chains. This is stated in a document published by the USA on Sunday. China's Xinjiang region has been identified as a major source of concern. "The US and our G7 partners remain deeply concerned about the use of all forms of forced labor in global supply chains, including state-imposed vulnerable groups and minorities, and supply chains in the agricultural, solar and clothing industries," the document said. In addition, a group of the world's seven richest nations (US, Canada, Britain, Germany, Italy, France and Japan) agreed on Sunday to increase contributions to $ 100 billion (€ 82.47 billion) a year to deliver on a pledge to help poorer countries reduce emissions. However, activists lack more specific details and firm promises when it comes to cash. On Saturday (June 12), G7 leaders approved a plan to compete with China's New Silk Road initiative by building infrastructure in poorer countries. US President Joe Biden and other G7 leaders hope their plan, known as the Build Back Better World (B3W) initiative, will help reduce developing countries' infrastructure needs to $ 40 trillion by 2035, the White House said. However, it is not yet clear exactly how the plan should work or how much capital the G7 will eventually allocate to it. However, the G7 recognized that it must support the development of poorer countries, German Chancellor Angela Merkel said at a press conference on Sunday, who, in her own words, hopes that the new working group will be able to present the first infrastructure projects in developing countries as early as 2022. "In countries in need of development, only specific projects are counted," she said. "I hope that we will be able to present such projects during the next G7 summit in Germany," she added. Germany will take over the rotating G7 presidency from Britain next year.
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