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Source: TH Why in News? Recently, the Prime Minister attended the annual G7 summit held in Italy from 13 to 15th June 2024. This summit marked the 50th anniversary of the group. This is his first foreign trip after assuming office for the third straight term. What are the Key Highlights of the 50th G7 Summit in Italy? Promotion to G7 PGII (Partnership for Global Infrastructure and Investment): In the 50th G7 Summit, leaders decided to promote concrete G7 PGII (Partnership for Global ... G7 countries is an informal grouping of seven of the world's advanced economies. Check here more about G7 Countries List, Names, Members, History, Significance, News for UPSC. Group of Seven ( G7 ), intergovernmental organization that originated in 1975 through informal summit meetings of the leaders of the world’s leading industrialized countries (the United States, the United Kingdom, France, West Germany, Italy, Canada, and Japan). Canada did not attend the initial meeting in 1975, and the president of the European Commission joined the discussions in 1977. Beginning in 1994, Russia joined the discussions, and the group became known as the Group of 8 (G8) or ... Get a detailed overview of the 51st G7 Summit 2025 held in Canada. Learn about key global issues discussed, India’s participation, AI governance, trade deals, and the summit's.