G7 endorses global infrastructure plan to rival China's Belt and Road

Security map for Putin Biden summit in Geneva

Biden has been clear in two phone calls with Putin that he will not "simply elide or gloss over the differences that we have; he's going to take them on with candor and directly, and that where Russian Federation crosses lines that we consider to be unacceptable, we will impose costs on Russian Federation for doing that", the official said.

Russian President Vladimir Putin voiced hope Friday that U.S. President Joe Biden will be less impulsive than his predecessor Donald Trump, ahead of his first summit with the new U.S. leader.

The G-7 leaders are scheduled to wrap up their discussions on Sunday, with a joint communique expected to be released.

Per The Guardian, the Chinese embassy in the United Kingdom released a statement Saturday directed at the G7 that said "the days when global decisions were dictated by a small group of countries are long gone".

"I believe that former US president Mr. Trump is an extraordinary individual, talented individual, otherwise he would not have become US President", Putin said of the former US head of state, who left office in January after losing a re-election attempt to Biden.

Leaders of the world's largest economies unveiled an infrastructure plan Saturday for the developing world to compete with China's global initiatives, but they were searching for a consensus on how to forcefully to call out Beijing over human rights abuses.

Italian PM Draghi, US President Biden, French President Macron and President European Commission von der Leyen speak, during the G7 Summit, in Cornwall, England, June 11, 2021.

According to the senior US administration official, France is broadly supportive of singling out China over its forced labor practices, but EU, German and Italian diplomats were more hesitant. On Thursday, G-7 countries agreed to collectively provide 1 billion Covid-19 doses for other countries, a bid to show that democratic nations are taking the lead in helping the world recover from the pandemic.

The allies also took the first steps in presenting an infrastructure proposal called "Build Back Better for the World", a name echoing Biden's campaign slogan.

It's created to compete with China's trillion-dollar "Belt and Road Initiative", which has launched a network of projects and maritime lanes that snake around large portions of the world, primarily Asia and Africa. Beijing responded with penalties on several members of the European Parliament and other Europeans critical of the Chinese Communist Party. The plan would involve raising hundreds of billions in public and private money to help close a $40 trillion infrastructure gap in needy countries by 2035, the official said.

Biden administration officials said they weren't trying to make China the overriding issue at the summit. In late 2019, China said all people in the camps had "graduated".

Biden and Putin plan on meeting this week, after Biden finishes participating in a Group of 7 summit.

In a "Nature Compact" to be released Sunday with the G7's final communique, they will commit to almost halving their carbon emissions by 2030 - relative to 2010 - as well as vowing to halt and reverse biodiversity loss.

A White House official on Saturday said a solo press conference is the appropriate format.

Biden and Putin have traded shots since Biden entered office, with Russian Federation particularly upset after Biden agreed with an assessment by ABC News host George Stephanopoulos, a former Bill Clinton aide, that Putin was a "killer".

AHEAD OF THE MEETING - IN AN INTERVIEW WITH NBC NEWS - PUTIN SAID that relations with the USA were at their lowest point in years.

"That's a different kind of person, and it is my great hope that yes, there are some advantages, some disadvantages, but there will not be any impulse-based movements, on behalf of the sitting USA president", he added.