16-06-2025
Ishiba calls for strengthening multilateral free trade system at G7 summit
Japanese Prime Minister Ishiba Shigeru says it is imperative to maintain and strengthen the multilateral free trade system, with the World Trade Organization at its core.
Ishiba made the remark during the first session of the Group of Seven summit that opened in Canada on Monday. G7 leaders discussed the global economic outlook in the session.
The prime minister noted that the world economy is facing increasing uncertainties due to heightened tensions in various regions, as well as natural disasters.
He stressed that the G7 nations need to be united to lead the international community for the realization of a free and fair economic order based on rules.
Ishiba also said the WTO has been providing a base essential for the global economy to grow and that it has benefitted the G7 nations.
Ishiba also emphasized that nations, including G7 members, should strengthen one another's economies through investments.
The prime minister and other G7 leaders agreed on the need to jointly take the initiative to address issues the world economy is facing.