G7 leaders gathered in France on Monday after the United States and Iran announced a preliminary agreement to end their war. The summit is significant because it will shape global diplomatic and security responses to the deal. Major economies, conflict regions, and global markets are closely watching the outcome.
The three-day summit in Evian-les-Bains will also focus on the war in Ukraine, global trade imbalances, and supply chains for critical minerals. Moreover, leaders are expected to discuss shifting US foreign policy priorities under President Donald Trump. As a result, the meeting is seen as a key moment for international coordination.
In addition, Trump is scheduled to meet Ukrainian President Volodymyr Zelenskiy during the summit. Ukraine continues to seek stronger military and financial support amid ongoing conflict with Russia. However, analysts believe US attention may increasingly shift toward stabilizing the Iran situation.
Meanwhile, G7 members are seeking clarity on the US-Iran agreement, which includes a ceasefire and reopening of the Strait of Hormuz. A memorandum of understanding is expected to be signed later this week in Switzerland. The deal also outlines an end to military operations across several regional fronts.
Furthermore, French President Emmanuel Macron is using the summit to push for coordination on global economic imbalances. He has invited several non-G7 countries to participate in discussions on trade and development issues. Observers say the summit could reshape global economic and diplomatic cooperation.