What is the G7? 🌐💼

What is the G7? 🌐💼

#G7 #GlobalEconomy #InternationalSecurity #EnergyPolicy #ClimateChange #GlobalHealth #Development #G8 #Russia #DiplomaticClout

It’s in the headlines a lot! But what exactly is the G7?

The G7, or Group of Seven, is an intergovernmental organization comprising seven of the world's major advanced economies: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.

Established in the 1970s, the G7 addresses global economic governance, international security, and energy policy.

While not a formal institution, the G7 holds annual summits where leaders discuss pressing global challenges.

Over the years, its agenda has expanded to include issues like climate change, global health crises, and development.

The G7's decisions, though non-binding, carry significant influence due to the members' economic and diplomatic clout.

Previously, the group included Russia, being called the G8, though the country’s membership was suspended in 2014.