Leaders from the world's seven richest nations have convened in Italy for the G7 summit, hosted by Italian Prime Minister Giorgia Meloni. The summit, held in Puglia, aims to address critical global issues, including the conflicts in Ukraine and Gaza. The G7 summit brings together representatives from Canada, France, Germany, Italy, Japan, the UK, and the US, alongside leaders from Africa and the Indo-Pacific region. One of the key agendas of this year's summit is to discuss economic cooperation with developing countries. While the G7 group cannot pass laws, their decisions have significant global impacts. For instance, in 2021, they supported a deal to tax multinational companies, influencing global economic policies. Italian Prime Minister Giorgia Meloni emphasized the importance of unity and dialogue in her opening remarks. She described the G7 as a "container of values" that is open to the world, not a closed-off entity. Puglia was chosen as the summit's location to strengthen ties with the global south, representing Italy's commitment to global inclusivity. The summit will span three days, focusing on resolving conflicts in Ukraine and the Middle East, and continuing Japan's work on supply chains and artificial intelligence from its premiership last year. Regarding Ukraine, US National Security Advisor Jake Sullivan expressed optimism about the progress made on a plan to use frozen Russian assets to raise funds for Ukraine. He anticipated that the leaders would reach a common vision on the next steps forward. Ukrainian President Volodymyr Zelensky expects significant decisions to be made during the G7 summit. He highlighted Ukraine's priorities, including accelerated fighter jet pilot training, faster plane deliveries, and increased air defense and long-range weapons. Zelensky also announced plans to sign security agreements with Japan and the US following bilateral meetings. The G7 summit is anticipated to yield crucial outcomes in addressing global conflicts and strengthening international partnerships. Read More: Giorgia Meloni: Italy's Africa Initiative Takes Center Stage at G7 Summit G7 Summit 2024: Leaders Confront Global Crises Amidst Domestic Turmoil G7 Leaders in Italian Summit Focus on Ukraine War and Chinas Challenges PM Modi to Attend G7 Summit in Italy: Know India's Role and Contributions