G7 Finance Ministers and Central Bank Governors met in Stresa, Italy to discuss global economic resilience amidst COVID-19 and Russia's aggression against Ukraine.

Key topics included fiscal and monetary policies, green and digital transitions, multilateral cooperation, and concerns about China's non-market practices.

The group pledged support for Ukraine with financial aid and sanctions against Russia.

Discussions also focused on financial stability, regulatory measures, cyber resilience, and enhancing cross-border payments.

Emphasis was placed on responsible innovation in payment systems and AI's potential for economic growth.

The G7 highlighted strengthening global health governance, achieving Universal Health Coverage, and transitioning to a net-zero economy.

International tax cooperation within the OECD/G20 Inclusive Framework was also a significant topic.

The G7 aims to address global issues through collaboration and policy development, emphasizing responsible innovation, sustainability, and international cooperation.