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You must have heard a lot of news related to G7. World leaders met and discussed many international policies during this summit which happened in Biarritz, Nouvelle-Aquitaine, France last month. But what exactly is G7. We explain here…
Simply put, And as the name suggests G7 is the Group of Seven countries. It constitutes the world’s largest developed economies. United Kingdom, Canada, France, Germany, Italy, Japan, and the United States are the members of this group.
The leaders of these countries meet every year to discuss matters related to money and policies. The Presidency of the G7 is held by each of the member countries in turn, and so is the host decided.
In 1998, Russia was added to the group making it G8 but in 2014 the country was suspended. Tensions in Ukraine and breach in Crimea wasn’t taken well by the other nations.
In 1999, the G20 was created adding countries like China, India, Mexico, Brazil and European Union in the group.
The just-concluded G7 summit touched upon topics like tensions in Iran, unrest in Hong Kong, trade with China, climate change and diversity etc.
Though India is not a G7 member, prime minister Narendra Modi was personally invited by French President Emmanuel Macron to the summit. US president Donald Trump also talked about India’s removal of Article 370 in Kashmir and called it an internal matter.
You must have heard a lot of news related to G7. World leaders met and discussed many international policies during this summit which happened in Biarritz, Nouvelle-Aquitaine, France last month. But what exactly is G7. We explain here…
Simply put, And as the name suggests G7 is the Group of Seven countries. It constitutes the world’s largest developed economies. United Kingdom, Canada, France, Germany, Italy, Japan, and the United States are the members of this group.
The leaders of these countries meet every year to discuss matters related to money and policies. The Presidency of the G7 is held by each of the member countries in turn, and so is the host decided.
In 1998, Russia was added to the group making it G8 but in 2014 the country was suspended. Tensions in Ukraine and breach in Crimea wasn’t taken well by the other nations.
In 1999, the G20 was created adding countries like China, India, Mexico, Brazil and European Union in the group.
The just-concluded G7 summit touched upon topics like tensions in Iran, unrest in Hong Kong, trade with China, climate change and diversity etc.
Though India is not a G7 member, prime minister Narendra Modi was personally invited by French President Emmanuel Macron to the summit. US president Donald Trump also talked about India’s removal of Article 370 in Kashmir and called it an internal matter.
