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Will geopolitics pick the green tech winners?
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Actions, not words, will make or break the G7
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May 25, 2021
Last week’s summit between U.S. President Joe Biden and South Korean President Moon Jae-in was a resounding success. All signals and statements reinforced the image of an alliance that is moving forward with both parties in close alignment. There were no obvious notes of discord and both governments could conclude that respect was mutual, objectives were met and the bilateral partnership was more solid than before.
For all those successes, I can’t escape the feeling that a chance was missed. The two countries identified a long list of shared concerns and seemed ready to act upon them. But all action was framed within a bilateral context. The action items mirrored those of other recent high-level meetings between the U.S. and its security partners, yet made no reference to them. This failure to look beyond the alliance blots what was otherwise a very successful summit and bodes ill for the evolution of this vital security partnership.