India invited as guest to G7 meeting

India invited as guest to G7 meeting

Part of: GS Prelims and GS – II – International Relations 

In news

• India has been invited to the G7 meeting as a guest country.

Important value additions 

The G-7 or ‘Group of Seven’ 

• Formed in: 1975
• Countries: Canada, France, Germany, Italy, Japan, UK, and USA.
• Meetings are presided over by leaders of member countries on a rotational basis. 
• It is an informal annual gathering of two days, in which member countries discuss a wide range of global issues.
• It does not have a formal constitution or a fixed headquarters
• The decisions taken during summit are non-binding.

Do you know? 

• The G-7 was known as the ‘G-8’ after the original seven were joined by Russia in 1997. 
• The Group returned to being called G-7 after Russia was expelled as a member in 2014 following the latter’s annexation of the Crimea region of Ukraine.