The Group of Seven (G7) is an intergovernmental political and economic forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States; additionally, the European Union (EU) is a "non-enumerated member". It is organized around shared values of pluralism, liberal d Contact online >>
The Group of Seven (G7) is an intergovernmental political and economic forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States; additionally, the European Union (EU) is a "non-enumerated member". It is organized around shared values of pluralism, liberal democracy, and representative government.[1][2][3] G7 members are major IMF advanced economies.
The G7 countries have together a population of about 780 million people (or almost 10% of the world population), comprise around 50% of worldwide nominal net wealth and as of 2024 about 30% of world GDP (as by purchasing power parity) and more than 44% of nominal gross domestic product.[11][12][13]
In 1977, the United Kingdom, which hosted that year''s summit, invited the European Economic Community to join all G7 summits; beginning in 1981, it has attended every gathering through the president of the European Commission and the leader of the country holding the presidency of the Council of the European Union.[21] Since 2009, the then-newly established position of the President of the European Council, who serves as the Union''s principal foreign representative, also regularly attends the summits.
Until the 1985 Plaza Accord, meetings between the seven governments'' finance ministers were not public knowledge. The Accord, which involved only the original Group of Five, was announced the day before it was finalized, with a communiqué issued afterward.[22] The 1980s also marked the G7''s expanded concerns beyond macroeconomic issues, namely with respect to international security and conflict; for example, it sought to address the ongoing conflicts between Iran and Iraq and between the Soviet Union and Afghanistan.
In 2020 under Trump, the U.S. had signaled support for the inclusion of Australia, Brazil, India, and South Korea, plus the reincorporation of Russia.[35][36] The leaders of the other six G7 members unanimously rejected this proposal.[37]
Also in November 2020, Jared Cohen and Richard Fontaine, writing in Foreign Affairs, suggested that the G7 might be expanded to a "T-12" of "Techno Democracies". Earlier, in June of that same year, the Global Partnership on Artificial Intelligence (GPAI) was announced. Something of a spin-out of the G7, founded by members Canada and France, GPAI''s initial membership was 15, including both the EU and India, as well as Australia, Mexico, New Zealand, Singapore, Slovenia, and the Republic of Korea.[38]
Boris Johnson invited representatives of Australia and the Republic of Korea to the June 2021 G7 summit.[33] India was also invited to the 2021 summit, with an aim to "deepen the expertise and experience around the table" along with the other guests, according to a U.K. government statement.[39]
In 2021, French jurist and consultant Eric Garner de Béville, a member of the Cercle Montesquieu, proposed Spain''s membership to the G7.[40] American Chargé d''Affaires in Spain, Conrad Tribble, stated that the United States "enthusiastically supports" a "greater" role of Spanish leadership at the international level.[41]
In 2022, Germany confirmed it would be inviting India,[42] against rumours to the contrary.[43][44][needs update]
In 2023, Japan''s prime minister Fumio Kishida invited South Korea, Australia, India, Indonesia, Brazil, Vietnam, Comoros, the Cook Islands (representing the Pacific Islands Forum) and Ukraine to the 49th summit hosted in Hiroshima.[45][46][47][48][49][50]
Ronald A. Klain writing for the Carnegie Endowment, proposed creating the G9 by adding South Korea and Australia due to the Eurocentrism of the current alliance and rising challenges posed by China in Asia[51]
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