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G-8 Summit concluded in Lough Erne in Northern Ireland

 25-JUN-2013

39th edition of the G8 Summit concluded at Lough Erne in Northern Ireland on 18 June 2013. The two day summit from 17 June – 18 June 2013 was presided over by the David Cameron, the Prime Minister of United Kingdom. The UK assumed the one-year Presidency of the G8 in January 2013 and thus David Cameron, the Prime Minister of United Kingdom was the presiding leader of the 39th Summit.

The two day summit was attended by the leaders from G8 Nations namely Canada, France, Germany, Italy, Japan, Russia, the USA and UK. Jose Manuel Barroso, the President of the European Commission, and Herman Van Rompuy, the President of the European Council also were a part of the meet.

During the 39th Summit leaders of the G8 Nations reached a conclusion to achieve the change on three issues which are critical for the growth, prosperity and economic development of the world.  The basic agenda of this summit was Tax, Trade and Transparency (three T’s).

The EU is a part of the G8 since 1977, but it doesn’t hold a Presidency of the G8 Summit.

Lough Erne Declaration from the G8 Summit 2013

Trade deal making history
In context of the trade discussions, a proposal of setting up of the global and open free trade system was also discussed. As per the proposal, EU-US trade deal would worth up to 100 billion pounds to the economy of EU, £80 billion to the US and £85 billion to the rest of the world.  
Seven-point Strategy on Syria
A NEW seven-point strategy to end the bloodshed in Syria was the headline-grabber from the G8 summit in Northern Ireland.

The seven point strategy includes:
•    Increase commitment to humanitarian aid
•    To bring all sides on the table with immediate effect by maximizing the diplomatic pressure
•    Back a transitional governing body for Syria
•    Maintain Syria’s public institutions by learning lessons of Iraq
•    a new commitment by the G8 – to work together to rid Syria of terrorists and extremists
•    Condemn the use of chemical weapons by anyone in Syria, and allow for a UN probe
•    Decision to support a new non-sectarian government in Syria

Apart from these some other declarations and statements were made
•    G8 Action Plan Principles to Prevent the Misuse of Companies and Legal Arrangements
•    Global Economy Working Session
•    The threat posed by kidnapping for ransom by terrorists and the preventive steps the international community

About 39th G8 Summit: The 39th G8 summit was held from 17 to 18 June 2013 at the Lough Erne Resort, in Lough Erne in Northern Ireland. This was the sixth edition of the G8 summit to be held in the United Kingdom. The earlier G8 summits hosted by the United Kingdom were held at London in 1977, 1984 and 1991, Birmingham in 1998 and Gleneagles in 2005.

What is G8? The head of the six major industrial democracies (France, the United States, Britain, Germany, Japan and Italy) for the first time met in November 1975 to deal with the major economic and political issues facing their domestic societies and the international community as a whole. In the year of its constitution it was termed as G6. In the San Juan Summit of 1976 in Puerto Rico Canada became its member followed by the European Community at the London Summit of 1977. In 1998 Russia came up with its full participation, at Birmingham Summit making it G8.

The Presidency of the G8 rotates each calendar year and the country holding the G8 Presidency is responsible for hosting and organising the annual summit, with a number of preparatory meetings leading up to it.

 



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