G7 trade ministers’ statement welcomes ILO-METI dialogue event

The G7 Trade Ministers’ Meeting statement welcomed a dialogue event promoting business and human rights, co-hosted by the ILO and the Ministry of Economy, Trade and Industry (METI) in Indonesia in September.

News | 15 November 2023
Tokyo (ILO News) - The G7 Trade Ministers’ Meeting opened on October 28, 2023, in Sakai, Osaka, and concluded with the adoption of a statement the next day. The statement recalled the importance of international instruments on business and human rights, such as the MNE Declaration, which provides clear guidance on how enterprises can contribute to the realization of decent work through their operations. The statement welcomed it as "the dialogue has provided an opportunity to recognize diverse approaches to implement the relevant international standards on business and human rights and has demonstrated the importance of harnessing synergies between inclusive growth and respect for human rights."

The MNE Declaration states multinational enterprises should take fully into account established general policy objectives of the countries in which they operate (host countries), and their activities should be consistent with national law and in harmony with the development priorities and social aims and structure of the country in which they operate. To this effect, ILO supports home-host country dialogues among stakeholders in supply chains.

Shinichi Takasaki, Director of the ILO Office for Japan, said, “It is a landmark that the joint efforts between the ILO and the Japanese government were welcomed in the G7 Trade Ministers’ Meeting. It is very encouraging that they expressed their commitment to work together with countries beyond G7 to promote business and human rights."
The full text of the G7 Trade Ministers’ Statement is available here.
Please visit the event page for the Co-organizers’ Event Summary and videos.