Why is it significant?

What is G7?

The G7 is an informal grouping of advanced democracies that meets annually to coordinate global economic policy and address other transnational issues.

Formed in 1975 to address economic concerns, the Group of 7 includes the US, Canada, France, Germany, Italy, Japan, and the UK.

The G7 is an informal group of advanced democracies that meet annually to address global economic policy and transnational issues.

The rotating presidency sets the agenda and arranges logistics for each year's summit.

Italy has taken up the presidency for the 7th time for the ongoing G7 Summit.

The G7 discusses wars, conflicts, hunger, debt, and climate crises, shaping global governance.

These seven of the nine largest economies worldwide have the power to shape and influence global governance and decision-making processes.

With many pressing challenges to address globally, the members will release a document drafted by the host country after the summit.