7.2. G-7

♤ Established in 1975 as G-5 (France, Germany, Japan, the UK, and the USA).

♤ Subsequently expanded as the G-7 to include Canada (1976) and Italy (1978) and the G-8 to include Russian Federation (1998).

♤ However Russia was ejected from the G8 political forum in March 2014 following the Russian annexation of Crimea, thus again becoming G-7.