MITSUHIKO OKADA
Ambassador of Japan to T&T
On May 26 and 27, Japan hosted the G7 Ise-Shima Summit. I would like to highlight the salient features of the outcome of the summit, which are most relevant to T&T and the Caribbean region. Details of the outcome are available at the website of the Ministry of Foreign Affairs of Japan: http://www.mofa.go.jp/ecm/ec/page24e_000148.html.
The following are excerpts of relevance to major global economic challenges from G7 Ise-Shima Leaders’ Declaration issued at the conclusion of the Summit on May 27:
G7 Ise-Shima Economic Initiative
We pledge to collectively tackle current economic challenges, while laying out foundations for stronger long-term global growth. Therefore, we have developed our commitment in the following areas as our response to contribute to achieve strong, sustainable and balanced growth.
n World Economy: Global growth is our urgent priority. Taking into account country-specific circumstances, we commit to strengthening our economic policy responses in a co-operative manner and to employing a more forceful and balanced policy mix, in order to swiftly achieve a strong, sustainable and balanced growth pattern.
n Trade: We are committed to using trade to create economic opportunities for workers, consumers and firms. We reaffirm our commitment to keep our markets open and to fight all forms of protectionism. In order to further boost free trade, we commit to strengthen the rules-based multilateral trading system and promote WTO negotiations. We also encourage trade liberalisation efforts through regional trade agreements including the Trans-Pacific Partnership (TPP), the Japan-EU Economic Partnership Agreement (EPA), the Transatlantic Trade and Investment Partnership (TTIP) and the Comprehensive Economic and Trade Agreement (CETA).
n Health: We commit to take concrete actions for advancing global health as elaborated in the G7 Ise-Shima Vision for Global Health, highlighting that health is the foundation of economic prosperity and security.
n Women: We commit to create a society where all women and girls are empowered and actively engaged for sustainable, inclusive and equitable economic growth. We commit to empowering women and girls, including through capacity-building such as education and training as well as promoting active role of women in Science, Technology, Engineering and Mathematics (STEM) fields.
n Anti-corruption: Our collective and individual action to fight corruption is critical for economic growth, sustainable development and maintaining peace and security. We resolve to take measures to improve public procurement transparency, enhance fiscal transparency, and improve anti-corruption capacity building as well as strengthen law enforcement co-operation. We will also promote global effort to fight corruption.
n Climate: The G7, continuing to take a leadership role, commits to taking the necessary steps to secure ratification, acceptance or approval of the Paris Agreement as soon as possible, and calls on all Parties to do so striving for a goal of entry into force in 2016. We commit to formulate and communicate ambitions mid-century long-term low greenhouse gas (GHG) emission development strategies well ahead of the 2020 deadline.
n Energy: Recognising the important role that the energy system has to play in the implementation of the Paris Agreement, we are determined to accelerate our work towards the transition to an energy system that enables a decarbonisation of the global economy, and commit to further invest in supporting innovation in energy technologies and encouraging clean energy and energy efficiency, so as to ensure economic growth with reduced GHG emissions.
G7 Ise-Shima Leaders’ Declaration has also addressed major global political challenges including the following:
n Countering terrorism and violent extremism
We strongly condemn terrorism in all forms and manifestations. We reiterate that it is essential for the international community to make further collective and coordinated efforts to fight this urgent global security threat. We stress the importance of continued cooperation with the private sector, civil society and communities and the “whole-of-society” approach.
We commend the intensive counterterrorism efforts that have already been made globally, regionally, bilaterally and domestically.
We continue to work together to prevent the flow of foreign terrorist fighters and terrorism-related materials and equipment. We reassert our commitment to countering terrorist financing as declared in the G7 Action Plan on Combatting the Financing of Terrorism at the G7 Finance Ministers and Central Bank Governors’ meeting in Sendai.
We commit to promote peaceful co-existence wherever differences of opinion, culture and faith exist, respect for diversity, tolerance, and inclusive dialogue in order to break the vicious cycle of violence and hatred and to prevent the emergence and spread of violent extremism. In this regard, we welcome the UNSG’s Plan of Action to Prevent Violent Extremism, call for its implementation and support a strong model of UN leadership which will deliver a genuinely whole-of-UN approach. We also stress the importance of the role of local communities, especially women and youth, as well as empowerment of alternative voices including through education and dialogue.
We also commit to enhance our coordination to support countries in need of building their capacity on countering terrorism and violent extremism.
n Venezuela
We call on the Venezuelan government to fully respect fundamental rights, democratic processes, freedoms and the rule of law to provide access to fair trials and due process, and to establish conditions that would allow for dialogue between the government and its citizens, in order for them to find a peaceful means of resolving Venezuela’s increasingly acute economic and political crisis, while respecting the will of the people. We call on the Venezuelan executive branch and the National Assembly to work urgently together to this end.
n Maritime security
We reiterate our commitment to maintaining a rules-based maritime order in accordance with the principles of international law as reflected in UNCLOS. We reaffirm the importance of states’ making and clarifying their claims based on international law, refraining from unilateral actions which could increase tensions and not using force or coercion in trying to drive their claims, and seeking to settle disputes by peaceful means including through juridical procedures including arbitration.
n Non-proliferation and disarmament
We reaffirm that non-proliferation and disarmament issues are among our top priorities. We reaffirm our commitment to seeking a safer world for all and to creating the conditions for a world without nuclear weapons in a way that promotes international stability.
n UN Reform and UN Peace Operations Review
We reaffirm the importance and necessity of realising a strengthened, more effective and efficient United Nations and, to this end, note the importance of continued engagement on reforms of the United Nations, such as of the Security Council.
n Climate Change
Welcoming the historic achievement in Paris, we reaffirm not only our continuous commitment in our global efforts against climate change, but also our determination to maintain the momentum of COP21 and ensure swift and successful implementation of the Paris Agreement including the long-term aims on mitigation, adaptation, and finance. In this context, we welcome the fact that nearly every party to the United Nations Framework Convention on Climate Change (UNFCCC) has signed the Paris Agreement, including all G7 members. The G7, continuing to take a leadership role, commits to taking the necessary steps to secure ratification, acceptance or approval of the agreement as soon as possible and calls on all Parties to do so striving for a goal of entry into force in 2016.
We also commit to formulating and communicating mid-century long-term low GHG emission development strategies well ahead of the 2020 deadline, mindful of the significance of holding the increase in the global average temperature to well below 2°C above pre-industrial levels, and of pursuing efforts to limit the temperature increase to 1.5°C above pre-industrial levels as well as of achieving a balance between anthropogenic emissions by sources and removals by sinks of GHGs in the second half of the century.
n Energy
Energy plays a crucial role in sustaining global economic growth. With this in mind, we commit to play a leading role in facilitating energy investments, and encourage relevant stakeholders, despite the increased uncertainty posed by the current energy price levels, to sustain their investments in energy sector, in particular in quality energy infrastructure and in upstream development, so that we can mitigate risks to future growth of global economy. We recognise the important role that the energy system has to play in the implementation of the Paris Agreement. In this regard, we are determined to accelerate our work towards the transition to an energy system that enables a decarbonisation of the global economy.
We support the enhanced efforts on energy efficiency and use of renewable energy, including hydro, as well as other domestic resources.
n The 2030 Agenda for Sustainable Development
Reflecting the international community’s unwavering resolve to end poverty and transform the world into a sustainable one by 2030, leaving no one behind, the 2030 Agenda lays the foundation for a more peaceful, stable, inclusive and prosperous international community. To this end, we emphasise the integrated and indivisible nature of the 17 SDGs, being well aware that peace and security, development and respect for human rights are inter-linked and mutually reinforcing, and commit to advance the implementation of the 2030 Agenda, domestically and internationally, in a people-centered and planet-sensitive manner. We urge all countries and stakeholders to engage in this joint endeavor under a revitalised and enhanced global partnership to ensure a multi-stakeholder approach.