G7 live news: Boris Johnson chairs summit’s opening meeting, saying world should ‘level up’ after pandemic

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3.09pm BST

Here is the opening statement that Boris Johnson delivered as the first session of the G7 summit got under way.

Given the pandemic we might need to make sure that we don’t repeat some of the errors that we doubtless made in the course of the last 18 months or so. And we need to make sure that we now allow our economies to recover.

And I think that they have the potential to bounce back very strongly. And there’s all sorts of reasons for being optimistic, but it is vital that we don’t repeat the mistake of the last great crisis, the last great economic recession in 2008, when the recovery was not uniform across all parts of society.

2.54pm BST

The first formal session of the G7 is now getting under way.

Broadcasters have been allowed to film Boris Johnson making an opening statement, in which he said the world needed to “level up” after the damage caused by the pandemic.

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