https://www.whitehouse.gov/briefing-room/statements-releases/2022/06/28/fact-sheet-the-united-states-continues-to-strengthen-cooperation-with-g7-on-21st-century-challenges-including-those-posed-by-the-peoples-republic-of-china-prc/

FACT SHEET: The United States Continues to Strengthen Cooperation with G7 on 21st Century Challenges, including those Posed by the People’s Republic of China (PRC)

JUNE 28, 2022

Today President Biden met with G7 leaders to strengthen our cooperation on economic issues, cyberspace and quantum, and other 21st century challenges, including those posed by China to our workers, companies, and national security. The G7, representing over 50% of the world economy, is demonstrating that it is among the most potent institutions in the world today, with like-minded democracies solving problems.

Elevating supply chain resilience:
The G7 will share insights and best practices to identify, monitor, and minimize vulnerabilities and logistic bottlenecks in advance of supply chain shocks, as well as coordinate on long-term risk that undermine global security and stability. The G7 will make a commitment to intensify development of responsible, sustainable, and transparent critical minerals supply chains and establish a forward strategy that takes into account processing, refining and recycling.