UK membership of the G7

The Group of Seven (G7) is an informal coalition of seven major advanced economies: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. Established in the 1970s in response to the oil crisis and global economic challenges, the G7 convenes annually, enabling leaders, finance ministers, and central bank governors from member countries to discuss and coordinate on global economic policy, international security, and pressing challenges like climate change. While the G7 does not have a formal decision-making process or a permanent secretariat, its meetings and declarations significantly influence global economic trends and policies, reflecting the collective stance of the world's leading industrialized nations.