The Role and Composition of the G7 Summit
The G7 Summit 2024: Key Points and Participants
The G7 Summit 2024 has kicked off in Italy and will take place from June 13 to 15 at the Borgo Egnazia resort in Fasano.
As the current president, Italy is hosting the event for the seventh time, with previous editions being held in Venice (1980, 1987), Naples (1994), Genoa (2001), L’Aquila (2009), and Taormina (2017).
This year marks the 50th G7 summit since its establishment in 1975.
Leaders from the world’s most industrialized countries convene to address global issues and shape policy responses.
Participants
The G7 consists of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
The European Union, as a supranational organization, is an unofficial member that actively participates in the discussions.
Notable guests at the G7 2024 include Pope Francis, Argentine President Javier Millei, Brazilian President Lula, Turkish President Recep Tayyip Erdoğan, Indian Prime Minister Narendra Modi, Ukrainian President Volodymyr Zelensky, and Saudi Crown Prince Mohammad bin Salman.
Significance of the G7
The G7 provides a platform for world leaders to discuss pertinent issues affecting their countries and regions, particularly in the realm of economics.
The summit aims to foster constructive dialogue and address global challenges, setting economic and political agendas.
While the G7 plays a crucial role in shaping global policies, forums like the G8 and G20, which include emerging economies, are also vital for international order.
Agenda 2024
The G7 2024 agenda focuses on key topics such as Africa, climate change, the Middle East, Ukraine, migrations, Indo-Pacific, and economic security.
With ongoing conflicts in Ukraine and the Middle East, discussions on war are central to this year’s summit.
Additionally, the summit will address artificial intelligence, economic security, energy transition, and environmental protection, reflecting the complexity of the current international landscape.
