• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Musk’s Boring Company Scores $23 Billion Valuation Despite Slow Progress

September 12, 2026

Chinese National Working as CBP Supervisor at Maine-Canada Border Caught on Camera Swapping Hardware Inside Homeland Security Computers — Then Putting Them Back on the Government Network

September 12, 2026

Texas City Plans Last-Ditch Enviro Challenge to Stop Planned ICE Detention Center

September 12, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, September 12
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Chinese National Working as CBP Supervisor at Maine-Canada Border Caught on Camera Swapping Hardware Inside Homeland Security Computers — Then Putting Them Back on the Government Network

    September 12, 2026

    11 p.m. on the 25th Anniversary of 9/11 — Patriotic Fans Respond With “USA!” Chants and Beer Cans * The Gateway Pundit * by Jim Hᴏft

    September 12, 2026

    Democrats Expect Trump To Cheat In The Midterm

    September 12, 2026

    At 9/11 ceremony, Giuliani and Mamdani … shake hands?

    September 12, 2026

    NBC Boston HARASSES Lone Black Holdout Juror in Clancy Murder Trial, Digs Into His Court Records, Contacts Landlord, Interviews Family Members * The Gateway Pundit * by Cristina Laila

    September 11, 2026
  • Health

    Medicaid offers simplified way to handle ‘medical frailty’ exemptions

    September 11, 2026

    Cyclospora outbreak: U.S. officials declare end; origin still unknown

    September 11, 2026

    $500 Obamacare, platinum chemo, ADA boycott: Morning Rounds

    September 11, 2026

    New ‘Queen of Hearts’ AI aims to detect hidden-blockage heart attacks

    September 11, 2026

    Lifesaving childhood chemotherapy raises risk of cancer later in life

    September 10, 2026
  • World

    Texas City Plans Last-Ditch Enviro Challenge to Stop Planned ICE Detention Center

    September 12, 2026

    Karoline Leavitt’s ‘Harsh Truth’ At Trump’s Convention Comes Back To Bite Her

    September 12, 2026

    Iran War Will End ‘Immediately After’ Midterms

    September 12, 2026

    Oil Set To End Week Above $100 For First Time Since Mid-May As U.S. Diesel Hits Record High

    September 12, 2026

    China-Philippine Feud over South China Sea Escalates

    September 12, 2026
  • Business

    ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

    July 10, 2026

    Costco Shows That You Can Build A Thriving Business With One Simple Trick (Pay Your Workers)

    July 9, 2026

    The Agency Elizabeth Warren Built Now Advances Trump’s Agenda

    July 9, 2026

    Meta To Shell Out Billions For New AI Data Center Outside US

    July 9, 2026

    How Big Banks Are Scheming To Jack Up Your Fees

    July 8, 2026
  • Finance

    Musk’s Boring Company Scores $23 Billion Valuation Despite Slow Progress

    September 12, 2026

    AI Boom to Boost Southeast Asia’s LNG Demand

    September 12, 2026

    Popular women’s clothing chain closes 177 stores

    September 12, 2026

    Silver prices turn negative leading up to CPI report

    September 12, 2026

    HIVE brings in enterprise veteran to scale BUZZ HPC’s AI cloud business

    September 11, 2026
  • Tech

    Sam Altman’s OpenAI Claims to Consider Slowing AI Development as Safety Concerns Mount

    September 12, 2026

    Elon Musk Expresses Skepticism over Viral AI Doom Prediction

    September 11, 2026

    EXCLUSIVE — Silicon Valley Democrat Turned Trump Supporter Warns Chinese AI Could Shape Americans Through ‘Millions of Small Distortions that Nobody Notices’

    September 11, 2026

    FBI Detects Argentina Teenager Using ChatGPT to Plan School Shooting

    September 11, 2026

    China Pushes Back Against American Allegations of ‘Malicious’ AI Theft

    September 11, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»G7 Digital Ministers Preview Summit’s Focus on Tech Competition With China
Finance

G7 Digital Ministers Preview Summit’s Focus on Tech Competition With China

May 8, 2023No Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
G7 Digital Ministers Preview Summit’s Focus on Tech Competition With China
Share
Facebook Twitter LinkedIn Pinterest Email
Advertisement

The leaders of the G-7 nations and the European Union gather in Hiroshima, Japan, starting on May 19. But their summit is being preceded by a series of ministerial meetings in various picturesque cities in Japan to lay the groundwork on a number of important topical issues. As the current cold war atmosphere between the U.S.-led Western allies and China centers around technology competition, the G-7 digital and tech ministers’ gathering in Takasaki, Gunma Prefecture, in late April took on special importance.

With relatively little fanfare, a Ministerial Declaration was issued with six sections, identifying the areas where these leading Western democratic nations are focusing their efforts as they try to sustain technological leadership. That leadership is widely considered to be under threat from global geopolitical tensions and in particular, competition from China.

The first of these six points, “facilitation of cross-border data flows and data free flow with trust,” reaffirms the importance of building and realizing trust “through various legal and voluntary frameworks, guidelines, standards, technologies and other means that are transparent and protect data.” The ministers recognized the need to accelerate progress in this regard by establishing and launching the Institutional Arrangement for Partnership (IAP), “to bring governments and stakeholders together to operationalize ‘data free flow with trust’ (DFFT) through principles-based, solutions-oriented, evidence-based, multistakeholder and cross-sectoral cooperation.” The declaration set a goal of launching the IAP “in the coming months.”

The second point, “secure and resilient digital infrastructure,” is also clearly an area that has been drawing heightened concern recently, with growing geopolitical concerns over redundancy in face of potential disruptions. The digital ministers affirmed the important need to “develop, deploy and maintain various multi-layered networks consisting of terrestrial networks, submarine cable networks, and non-terrestrial networks.” The declaration calls for extending “secure and resilient digital infrastructure to like-minded partners, including developing and emerging economies.”

See also  Exclusive-China's major state banks sell dollars for yuan in London, NY hours

The ministers paid particular attention to the need to extend secure routes of submarine cables. In particular, the G-7 governments will work with the World Bank and the private sector telecom operators to undertake submarine cable projects with subsidies from G-7 nations and other international institutions. The goal is to support the critical infrastructure development of underserved regions in the world that have not received sufficient private investment. Specifically, Japan has committed to host “an event and identify concrete areas of cooperation with the World Bank in 2023 to accelerate the strengthening of synergies between the G-7 and the Bank.”`

Enjoying this article? Click here to subscribe for full access. Just $5 a month.

Recent media investigative reports have pointed out that China’s Belt and Road Initiative (BRI) has been pivoting from large-scale infrastructure projects to less capital-intensive areas], particularly in the field of digital infrastructure. Examples includes constructing a new government data center for Senegal, supported by Huawei, which also spearheaded another undersea cable project for Senegal with the island nation of Cape Verde, making Senegal an African regional cable hub. Previously commonly labeled as the “Digital Silk Road” strategy, such investments in information and communications technology (ICT) and electronic components reached $17.6 billion in 2022, six times the amount in 2013, when the BRI was launched, according to reports from Nikkei Asia and the Financial Times’s fDi Markets foreign direct investment monitor. The United States and its partners will have a lot of catching up to do.

The third point in the G-7 declaration, “internet governance,” echoes the expressed endorsement in the U.S.-led Declaration for the Future of the Internet for the multistakeholder model, which is seen as being challenged by China, Russia and other autocratic nations that hope to steerinternet governance toward a government-driven, top-down model. The forth point, “emerging and disruptive technologies in innovating society and economy,” is, however, just a pledge of support for cooperation in policy setting for a mixed bag of different technologies, from Internet of Things to digital identity, and from semiconductor supply chain to the metaverse.

See also  Prediction market traders' expectations for the NY primaries

The fifth point specifically focused on “responsible AI and global AI governance,” reaffirming that AI policies and regulations should be “human centric and based on democratic values, including protection of human rights and fundamental freedoms and the protection of privacy and personal data.” However, the meeting only concluded with an “action plan for promoting global interoperability between tools for trustworthy AI,” with little concrete agreement on how to deal with the growing concerns over the untamed development and proliferation of generative AI.

Advertisement

Interestingly, the final point, “digital competition,” is an acknowledgement of the tensions between G-7 nations, particularly across the Atlantic, between the United States and Europe, over the wide gap in regulatory principles and laws overseeing the competition in digital markets. The meeting agreed to convene a summit on digital competition for regulators and policymakers in the fall of 2023 to facilitate promotion of competition and enforcement.

Further to these discussions, on May 12-14, the G-7 science ministers will gather in Sendai, Japan, to discuss cooperation on scientific research, funding transparency, research data sharing on sensitive technologies, etc.

All in all, as the United States has unveiled international economic policy, through cooperation with its partners, with its centerpiece focusing on technological competition with China, it can be expected that the G-7 will play a crucial role in establishing and pursuing a more coherent strategy on multiple fronts. The G-7 digital and tech ministers’ declaration offers hints to the priorities and approaches of the allies, as well as how it may engage the other advanced as well as emerging economies, such as those outside of the G-7 that are strategically invited to the upcoming summit like Australia, Brazil, India, South Korea, and Vietnam. It should not surprise anyone that technology competition will be a key center of attention and actions in Hiroshima.

See also  Tesla's China-made EV sales volume falls 10.9% year-on-year in Sept
China Competition Digital Focus Ministers Preview Summits Tech
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Musk’s Boring Company Scores $23 Billion Valuation Despite Slow Progress

September 12, 2026

AI Boom to Boost Southeast Asia’s LNG Demand

September 12, 2026

Popular women’s clothing chain closes 177 stores

September 12, 2026

China-Philippine Feud over South China Sea Escalates

September 12, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Dollar weakens on fresh signs of slowdown, euro rebounds

April 26, 2023

Journey Rocker Tells Bruce Springsteen To ‘Shut Up’ About Trump

July 21, 2026

Getting Ozempic And Other Drugs From Canada? Not Likely.

April 10, 2023

Girls’ Team Banned After Refusing to Compete Against Male Student

March 22, 2023
Don't Miss

Musk’s Boring Company Scores $23 Billion Valuation Despite Slow Progress

Finance September 12, 2026

Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable…

Chinese National Working as CBP Supervisor at Maine-Canada Border Caught on Camera Swapping Hardware Inside Homeland Security Computers — Then Putting Them Back on the Government Network

September 12, 2026

Texas City Plans Last-Ditch Enviro Challenge to Stop Planned ICE Detention Center

September 12, 2026

Sharon Stone Sparks Mental Health Fears With ‘Alien Chat’ Claim

September 12, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,399)
  • Entertainment (6,801)
  • Finance (4,953)
  • Health (2,862)
  • Lifestyle (1,931)
  • Politics (4,570)
  • Sports (5,255)
  • Tech (2,661)
  • Uncategorized (4)
  • World (7,010)
Our Picks

TikTok crackdown bill may need changes, US senator says

July 11, 2023

X/Twitter Unveils Government ID-Based Verification Through Israeli Security Company

September 16, 2023

“Where is my name?” – Premier League goalkeeper takes shot at manager amid claims that he refused to play

August 13, 2023
Popular Posts

Musk’s Boring Company Scores $23 Billion Valuation Despite Slow Progress

September 12, 2026

Chinese National Working as CBP Supervisor at Maine-Canada Border Caught on Camera Swapping Hardware Inside Homeland Security Computers — Then Putting Them Back on the Government Network

September 12, 2026

Texas City Plans Last-Ditch Enviro Challenge to Stop Planned ICE Detention Center

September 12, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.