‘G7 can no longer run the world alone, increased role of countries like India,’ says Canadian PM Mark Carney

New Delhi: Canadian Prime Minister Mark Carney has said that in the changing global circumstances, the G-7 group of countries can no longer take all the important decisions of the world alone. He believes that the increasing participation of emerging countries like India is a sign that the global balance of power is changing rapidly and international forums will also have to accept this new reality.

need for global cooperation

Addressing students and experts at Trinity College Dublin, Ireland during his visit to Europe, Carney said today’s world is not the same as before and issues like economic challenges, climate change, health security and regional conflicts cannot be solved only by the efforts of a few developed countries. This requires comprehensive global cooperation, in which the participation of emerging economies is equally important.

G-7 summit

This statement of Carney has come at a time when many non-member countries including India have also been invited to the G-7 summit. He said that nations like India, Brazil, Egypt, Kenya and Gulf countries bring new ideas and different perspectives to global discussions. This not only makes the decision process more inclusive but the solutions can also prove to be more effective.

The Canadian Prime Minister said that the world is entering a new era, where the old systems are no longer sufficient. In such a situation, international organizations and forums will also have to adapt themselves to the changing circumstances. He has described this conference as an important opportunity to decide the direction of the future global system.

Major issues involved in Artificial Intelligence

Mark Carney has also mentioned Artificial Intelligence (AI) as one of the major issues of the conference. He said that AI technology is developing rapidly, but clear rules and safety standards for it at the global level are still not fully developed. Therefore, countries will have to work together to prepare guidelines that maximize the benefits of technology and minimize potential risks. Let us tell you, Carney’s statement is indicating that the role of countries like India in global policy making may become stronger in the coming years.