What is the G7?
The Group of Seven (G7) is a high-level intergovernmental forum comprising Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, with the European Union participating as a non-enumerated member. The G7 promotes shared values of pluralism, liberal democracy, and representative governance.
Key Features:
- Origins: Began in 1973 as an informal meeting of finance ministers; evolved into a platform for global coordination on key issues.
- Scope of Discussions: Global trade, security, economics, public health, and climate change.
- Annual Summit: Attended by heads of government and EU representatives; 2025 presidency is held by Canada.
- Structure:
- No formal treaty or permanent secretariat.
- Operates via a rotating presidency that sets the agenda and hosts meetings.
- Russia’s Status: Was a member (G8) from 1997–2014 but was expelled after Crimea’s annexation.
Global Impact & Criticism:
- Major Contributions:
- AIDS and global health initiatives.
- Support for the Paris Climate Agreement (2015).
- Development aid and pandemic response coordination.
- Criticism:
- Limited membership—does not include major emerging economies.
- Seen as less inclusive in the face of rising influence from blocs like BRICS+.
- Accused of ineffectiveness on global reform issues.
