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The '''G7''' is an informal group of eight major developed countries: the [[United States]], [[Canada]], [[Japan]], [[Britain]], [[France]], [[Germany]], and [[Italy]] (plus the [[EU]] who has observer status), and between 1998 and 2014 [[Russia]]. The G7 heads of state have met annually since 1976 in summit meetings to discuss economic and political issues.
[[File:BRICS G7.png|right|350px|thumb|]]
The '''G7''' is an informal group of seven major developed countries: the [[United States]], [[Canada]], [[Japan]], [[Britain]], [[France]], [[Germany]], and [[Italy]] (plus the [[EU]] who has observer status), and between 1998 and 2014 [[Russia]]. The G7 heads of state have met annually since 1976 in summit meetings to discuss economic and political issues.
The country holding the Chair is responsible for hosting and setting the agenda of the Summit.
The country holding the Chair is responsible for hosting and setting the agenda of the Summit.