The UK Chamber of Shipping has announced a maritime G7 meeting, aiming to talk about trade barriers and better collaboration on green R&D initiatives.
The G7 brings together the world’s leading economies and this year the UK government has extended the invitation to Australia, India, South Africa and South Korea.
With the event taking place in the UK, we wanted to bring together the same countries and see how we, as leading and developing shipping nations, can better align trade regulations across the globe as well as co-ordinate green research and development projects
said the UK Chamber of Shipping.
It also added that shipping is vital for international trade and now it’s the best time to strengthen global connections and look for ways to improve trade and learn about projects that will deliver a cleaner, greener shipping industry.
The event will begin by looking at advancements in digitising trade. The M7 members will share their experience of national digital trade initiatives and thoughts about barriers for adoption.
The second part of the meeting will focus on green research and development projects and what initiatives the M7 members are participating in to improve decarbonisation across the shipping industry.
Finally, M7 members will also be encouraged to share experiences of coordinated research and development initiatives in their country and identify ways to better co-ordinate efforts in environmental R&D.