G7 Grouping
About G7
- The Group of Seven (G7) is a collective of seven of the world’s most industrialized and developed economies.
- Their political leaders come together annually to discuss important global economic, political, social and security issues.
- The G7 member countries are the United States, Britain, France, Japan, Germany, Italy, and Canada.
- Russia belonged to the forum from 1998 through 2014, when the bloc was known as the G8, but was suspended following its annexation of Crimea.
- India is not a member of the G-7 grouping.
Why in News?
- Union Minister of Commerce and Industry Piyush Goyal, participated in the G7 Trade Ministers Meeting in Osaka, Japan.
https://pib.gov.in/PressReleasePage.aspx?PRID=1972494
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