The G7, or Group of Seven, is an intergovernmental organization of seven major advanced economies: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
Established in 1975 to address the 1973 energy crisis, the G7 expanded from economic cooperation to tackling global issues like climate change and security.
The 2024 G7 Summit is being hosted by Italy from June 13-15, 2024.
Discussions focus on a $50B loan to Ukraine funded by frozen Russian assets, the Israel-Hamas conflict, the Indo-Pacific region, and African migration.
While not a member, India has been invited to G7 summits as a guest country multiple times. In 2024, India will highlight Global South issues, aiming to address concerns of developing nations post-G20 presidency.