• The G-7 (G-7) is an intergovernmental organization that meets periodically to resolve international economic and monetary issues.

  • G-7 countries include USA, UK, France, Germany, Italy, Canada and Japan.
  • G-7 was formerly known as G-8 until Russia was excluded from the group in 2014 after the illegal annexation of Crimea.
  • The G7 is not an official, formal organization and therefore has no legislative or government power to enforce the recommended policies and plans it draws up.