PM Modi Proposes Support Initiative for Vulnerable Nations at G7 Outreach Summit
At the G7 outreach summit in Evian, Prime Minister Narendra Modi proposed the 'Impact initiative' to strengthen support for vulnerable developing countries facing global crises. He urged international financial institutions to develop mechanisms that help these nations absorb economic and social shocks and maintain resilience. Modi highlighted disruptions from the West Asia conflict affecting fuel, fertilizer, and food supplies, and called for enhanced cooperation on connectivity, trade, and skills partnerships involving G7 capital, India's talent, and Global South ownership.