1. Introduction: The triple crisis of ODA, debt and multilateralism 1

2. Results of the French G7 Ministerial Meeting 3

2.1 A concise analysis of the Development Ministerial Meeting 3

2.2 From aid to partnership: Comparing the latest G7 Development Ministerial meetings 4

3. Pros and cons of economic security- and sovereignty-based partnerships 6

3.1 Inclusivity, technical coordination and value chain resilience 6

3.2 Fragmentation, debt purgatory and the risks of strategic diversion 7

4. Conclusions and policy recommendations for the G7 and G20 8