Overview
- The G7 communique, issued on Wednesday, welcomed the United States’ memorandum of understanding with Iran as an opportunity to prevent Tehran from acquiring a nuclear weapon and said members would support its implementation ahead of a formal signing in Switzerland.
- Leaders committed to step up pressure on Russia by tightening sanctions targeting its oil and gas revenues and by expanding military assistance for Ukraine, including increased air‑defence capabilities and licences for domestic weapons production.
- Senior executives from leading AI firms attended a leaders‑level session where governments pressed for stronger protections for children online, clearer controls over advanced model access and measures to guard financial markets from AI‑driven disruption.
- The G7 agreed to sharpen efforts against organised crime and illicit finance by strengthening investigations to trace, freeze and seize proceeds held in virtual assets and by creating a coordinated network of ports to combat trafficking.
- US President Donald Trump dominated the summit’s dynamic, stayed through the closing sessions, joked “I’m the boss” on arrival and accepted President Macron’s invitation to dine at the Palace of Versailles, underscoring a working but tense alignment among members.