G-7 Summit gets postponed 

  • IASbaba
  • June 4, 2020
  • 0
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G-7 Summit gets postponed 

Part of: GS-Prelims and GS-II – Global Groupings

In News:

  • Recently, G-7 Summit was postponed by the US President citing the Covid-19 pandemic. 
  • He also expressed his desire to expand the Group to G10 or G11, where he wanted to include India, Russia, Australia and South Korea also. 

Important value additions 

The G-7 or ‘Group of Seven’ 

  • It is an intergovernmental organisation that was formed in 1975 by the top economies of the time as an informal forum to discuss pressing world issues.
  • G-7 includes countries of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
  • It is an annual summit that is presided over by leaders of member countries on a rotational basis. 
  • Wide range of global issues is discussed at the summit.
  • Russia was expelled as a member in 2014 following the latter’s annexation of the Crimea region of Ukraine.
  • It does not have a permanent headquarter.
  • The decisions taken by leaders during annual summits are non-binding

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