1. The UN General Assembly has elected former Cameroon prime minister Philemon Yang as its next president. His one-year term will begin in September. In a speech on Thursday, Yang said that geopolitical tensions continue to fuel distrust among states and intensify an arms race. He added that conflicts are increasing in various regions of the world with an unbearable toll on civilians, and the “cases of Gaza and Ukraine are very painfully illustrative in this regard.” 2. The Japanese government is working to sign a new document with Ukraine that includes economic measures to support the reconstruction of the country. Government sources say arrangements are underway for Prime Minister Kishida Fumio and President Volodymyr Zelenskyy to hold talks and sign the document on the sidelines of this year’s Group of Seven summit. The G7 summit will be held in Italy from June 13.
3. A group of countries formed to counter China’s rising influence in Asia agreed Thursday to promote investments in decarbonization and to aim for economic fairness. Ministers from the 14-country Indo-Pacific Economic Framework for Prosperity signed statements setting out goals for clean and fair economies in the region. The clean economy pact targets member country investments of at least 120 billion dollars in renewable energy and power storage. The “fair economy” accord sets a goal of preventing corruption.
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