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G7, Read daily Article Editorials only on Success Mantra Blog

G7

Diksha Sharma 5 MINUTES

G7 has sought to present a united front against Russian aggression toward Ukraine.

  • This decision was taken at the recent G7 meeting, attended in person by the U.S. Secretary of State Antony Blinken and his counterparts from France, Italy, Germany, Japan and Canada.

What is G7?

The G7, originally G8, was set up in 1975 as an informal forum bringing together the leaders of the world’s leading industrial nations.

Composition: The summit gathers leaders from the European Union (EU) and the following countries: Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.

The major purpose of the G-7 is to discuss and deliberate on international economic issues. 

G7 or G8?

  • Russia was formally inducted as a member in the group in 1998, which led G7 to become G8.
    • However, Russian President Vladimir Putin’s condemnable act of moving Russian troops into eastern Ukraine and conquering Crimea in 2014 drew heavy criticism from the other G8 nations.
  • The other nations of the group decided to suspend Russia from the G8 as a consequence of its actions and the group became G7 again in 2014.

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