President Joe Biden delivers remarks to the Virtual Munich Security Conference
Biden to discuss pandemic, economy and China at G7 meeting
President Joe Biden will host his first event with other country leaders "Big seven" at a virtual meeting on Friday to discuss the coronavirus pandemic, the global economy and relations with China.
The White House said the meeting is the first meeting of top leaders from the G7 rich democracies since April last year..
«This virtual engagement with leaders of leading market-economy democracies will provide President Biden with an opportunity to discuss plans to tackle the COVID-19 pandemic and restore the global economy.», – said in a White House statement.
The White House also stated that Joe Biden will focus on the global production and distribution of the COVID-19 vaccine, as well as «ongoing efforts to mobilize and collaborate to combat infectious disease threats by building country capacity and securing funding for health security».
Democrat President Biden, succeeding former Republican President Donald Trump January 20, sought to project a message about the resumption of engagement with the world and global institutions after four years of applying the ideological position in the foreign policy of his predecessor «America first» (America First).
Trump pulled the United States out of the World Health Organization (WHO) and the Paris Climate Agreement and largely ridiculed the destination multilateral organizations and groups.
Biden brought the United States back to WHO, joined back to the Paris Agreement, and expressed willingness to work with allies against China on a myriad of thorny issues.
«President Biden will also discuss the need to invest to enhance our collective competitiveness and the importance of updating global rules to address economic challenges such as those posed by China.», – said the White House.
Trump has challenged China on its trade policy by setting punitive tariffs – a tool he also used for America’s traditional allies, drawing criticism for not taking a one-size-fits-all approach to friends and allies. US to counter Beijing on issues such as intellectual property theft and other economic methods.
Domestically, Biden calls on Congress to pass a $ 1.9 trillion stimulus package to boost the U.S. economy and make life easier for those suffering from the coronavirus pandemic.
The White House said it would discuss its economic agenda with G7 colleagues and urged them and all industrialized countries to support «economic support for recovery» and other collective measures.
Climate change will also be on the agenda.
U.S. Treasury Secretary Janet Yellen spoke with her G7 peers last week and called for continued financial support to ensure economic recovery.