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November 12, 2019
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G7 Summit raises hopes for breakthroughs on Iran, global trade?

PARIS (France): The G7 summit concluded in France has raised hopes for breakthrough on Iran nuclear programme and the global trade issue especially US-China trade war.

The summit took place amid sharp differences between the United States and its allies on a range of global issues, including trade, climate change and Iran’s nuclear programme.

At the conclusion of the summit on Monday, US President Donald Trump hailed the “tremendous unity” between himself and the leaders of France, Britain, Germany, Italy, Japan and Canada.

“It was a truly successful G7,” he said, standing alongside France’s President Emmanuel Macron, who hosted this year’s gathering.

But just how much did the leaders of the seven advanced economies achieve in their three days of talks?

Al Jazeera has a look at the outcomes on some of the issues discussed at the summit:

Iran

The standoff between the US and Iran over Tehran’s nuclear programme was a major focus of this year’s summit.

Macron, who has led the push to ease the tensions triggered by Washington’s decision to abandon the 2015 Iran nuclear deal, delivered a diplomatic breakthrough at the summit’s conclusion.

The “conditions for a meeting” between Trump and Iran’s President Hassan Rouhani “in the next few weeks” had been created, the French leader announced.

Trump said he was open to such a meeting.

“If the circumstances were correct, I would certainly agree to that,” he said.

The overtures came after Iranian Foreign Minister Mohammad Javad Zarif paid a surprise visit to the gathering at France’s invitation on Sunday. He did not meet Trump but held talks with Macron, as well as British and German officials.

Trump and Rouhani head to the United Nations General Assembly in September.

US-China trade war

The summit took place amid fears that an escalating trade war between the US and China could tip the slowing world economy into recession.

On Monday, Trump held out an olive branch, heaping praise on China’s President Xi Jinping and saying negotiations would resume “very soon” on ending the year-long dispute, which has seen tariffs on billions of dollars worth of goods by both sides.

Chinese officials had been in contact overnight, he said.

“China has taken a very large hit in the last few months. Three million jobs. It will soon be much more than 3 million jobs. Their chain is breaking up like no one has seen before. Once that happens it is very hard to put it back together. I think they very much want to make a deal.”

Japan’s Prime Minister Shinzo Abe also spoke on the subject: “I hope there will be good results from US-China trade negotiations that will help stabilise the global economy.”

Earlier on Monday, Chinese Vice Premier Liu He, who has been leading the talks with Washington, said China was willing to resolve the trade dispute through “calm” negotiations and opposed any increase in trade tensions.

Amazon fires

The G7 pledge to spend more than $20m on fighting fires tearing through the Amazon rainforest was a point of “convergence” for the group’s leaders.

The agreement was made at a meeting on climate change that Trump did not attend, but Macron said the US supported the initiative.

Brazil’s President Jair Bolsonaro denounced the plan, however, saying it treated his country like “a colony or a no-man’s land”.