G7 = A meeting of trade ministers from seven major countries was held to confirm the policy of working together to resolve immediate issues such as the smooth distribution of vaccines for the new coronavirus, and to be free and fair among multiple countries. We agreed to strengthen our trading system.
The trade ministers' meeting was held online on the night of the 31st of Japan time at the behest of the chair country, England, and was attended by Minister of Economy, Trade and Industry Kajiyama and Foreign Minister Motegi from Japan.
In this, Minister Kajiyama said, "Amid the growing inward orientation due to the corona crisis, the importance of a multilateral trading system has never been greater. A fair trade system must be restarted for a strong economic recovery. ".
Minister Motegi also said that it is important to work together to create rules in new areas such as digital trade, the environment and health.
At the meeting, each country will work closely to resolve immediate issues such as the smooth distribution of the new coronavirus vaccine among multiple countries and the reform of the WTO (World Trade Organization), where the dispute resolution system is malfunctioning. I confirmed that.
They agreed to strengthen a free and equitable trade system between multiple countries.