The leaders of the G7 nations are set to convene on Wednesday at the G7 summit in Canada. This group includes Canada, France, Germany, Italy, Japan, the UK, the US, and the European Union. Meanwhile, Australian Prime Minister Anthony Albanese is in Seattle to engage with business leaders on collaborative opportunities between the US and Australia, particularly in emerging technologies such as artificial intelligence.
Albanese expressed optimism about “constructive engagement” with the US president, referring to their previous conversations as a foundation for productive discussions. He indicated that key topics would include tariffs and issues relating to AUKUS, emphasising the importance of dialogue between the two nations.
During his meetings in Seattle, Amazon announced plans to invest up to $20 billion in Australia, focusing on major cities like Victoria and Sydney, which house significant Amazon operations gearing up for AI advancements. Additionally, discussions will cover the level of US investment in Australia, particularly concerning the importation of Australian goods to the US market.
Overall, these discussions highlight the ongoing collaboration and economic ties between the US and Australia, positioning both nations to harness the potential of technological innovations.