In a joint statement issued on Thursday 30 April, the ministers for development and international partnerships of the G7 countries agreed on a new approach to tackling the challenges of the current international development architecture. The European Commissioner for International Partnerships, Jozef Síkela, highlighted the integrated approach of the international partnerships set up by the European Commission as part of the European Union’s ‘Global Gateway’ investment programme.
“This is Europe’s comprehensive offer: combining our economic strength with our partners’ potential to build strategic partnerships that deliver for both sides. Not extraction. Not dependency. Shared priorities”, said the Commissioner on the X network, alongside the second day of meetings with the G7 countries in Paris on Thursday 30 April (see EUROPE 13859/22).
In their joint declaration, the G7 ministers call for a development model based on mutually beneficial partnerships, reconciling strategic interests and local priorities, with a reaffirmed role for targeted and more effective official development assistance.
The ministers from the United States, Canada, Japan, the United Kingdom, Germany, France and Italy are calling for an ambitious reform of the development financing architecture to make it more coherent, less fragmented and better able to mobilise private capital, while concentrating concessional resources on the most vulnerable countries.
See the joint statement: https://aeur.eu/f/lsl (Original version in French by Bernard Denuit)