- Ahead of the first meeting of the G7 Leaders’ Summit, Macron said that the group defends fair remuneration of innovation and the respect of intellectual property rights.
- The G7 nations, comprising the US, UK, Germany, France, Canada, Italy and Japan, agreed to support a global minimum corporate tax rate of at least 15 per cent on large firms in each country they operate.
- The UK treasury department said in a statement that the agreement among the G7 countries delivers on Sunak's promise for “big international companies to start paying their fair share.”
Prime Minister Narendra Modi headed back to France on Sunday to take part in the G-7 summit, beginning from August 25 to 26 in Biarritz. Modi is slated to visit Shreenathji Temple in Bahrain before departing for the summit.On Saturday, on the last leg of his three-nation tour, PM Modi was honoured with the ‘The King Hamad Order of the Renaissance’ during his meeting with the King of Bahrain, Hamad bin Isa Al Khalifa.Watch | PM Modi conferred with UAE’s highest civilian award by Crown Prince