Indian Foreign Policies : India 's Free Global Market And Predictability Of More Economic Development

799 Words Aug 11th, 2015 4 Pages
G7 the group of seven is informal block of highly industrialized democracies. Representing countries with more than 64% of net global wealth e.g. U.S.A, U.K, Japan, Canada, France, Germany and Italy. Previously known as G8, but the suspension of Russia, reduces it to G7 in March 2014 after Russian annexation of Crimea, which led G7 to put sanctions on Russia and condemns its act.

G7 summit 2015 in Schloss Elmau has created a new chapter to many developing and developed nations like India and China to be part of this group as a guest. Opens new vision for these nations to get benefitted in its annual meeting. When these highly industrialized nations are discussing multifaceted problems like Terrorism, Environment, women empowerment, economic development, global economic balance etc.

Indian foreign policies reflect its agenda for equal distance with multipolar world representing worlds superpowers. Which has indebted India 's free global market and predictability of more economic development nowadays.

A G7 Nations meeting so far by and large revolves around to combat with global crisis, security threat, economic development and global economic balance etc. If its agenda for equal distance with global economic market and commitment for global economic balance is followed on paper with true spirit, as its initiative to assist South Africa will be good for third world. Otherwise cold war 's replaced developed Nations desire to led them towards more economic growth without…

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