After the dust has settled on Indonesia’s turbulent yet successful Group of 20 presidency this year, analysts suggest that the global economic forum and its influential Group of Seven clique remain important as multilateral tools for addressing the world’s biggest challenges.
However, future progress would be contingent on whether the G7 is open to change, listens to the concerns of other G20 member states and is willing to regain their trust.
The Ukraine conflict, which started with Russia’s invasion in February, dominated the two-day G20 Summit in Bali last month, to the frustration of members that wanted more attention on global economic woes.
Source : G20 still relevant but G7 should be ‘open to change’ - Asia and Pacific - The Jakarta Post