The Group of 7 (G7) is a group consisting of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. The European Union is also represented within the G7.
It is an informal bloc of industrialized democracies that meets annually to discuss issues such as global economic governance, international security, and energy policy.
The 42nd G7 summit was held in Japan on May 2016.
Russia belonged to the forum from 1998 through 2014--then the Group of Eight (G8)--but was suspended.
Year: 2015
Venue: Schloss Elmau, Germany
Year: 2016
Venue: Kashiko Island, Shima, Japan
Year: 2017
Venue: Taormina, Sicily, Italy
Formation
France, West Germany, Italy, Japan, the United Kingdom, and the United States formed the Group of Six in 1975 (Canada joined the following year) to address pressing economic concerns, which at the time included inflation and a recession sparked by the OPEC oil embargo. The European Union has participated fully in the G7 since 1981 as a "non-enumerated" member.
The trick(Punch-Line) to learn the member countries of G7 is:
Fran Ca sang Ger Ua for her J Ul It
Pronounce: Fran Ca sang Ger Ua for her JUl It
Fran: France
Ca: Canada
Ger: Germany
Ua: USA
J: Japan
Ul: UK
It: Italy
Country
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Capital
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Currency
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France
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Paris
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Franc
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Canada
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Ottawa
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Dollar
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Germany
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Berlin
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Euro
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USA
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Washington DC
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Dollar
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Japan
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Tokyo
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Yen
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UK
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London
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Pound
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Italy
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Rome
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Euro
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