The Group of Seven (G7) is an intergovernmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States; additionally, the European Union (EU) is a "non-enumerated member". It is organized around shared values of pluralism, liberal democracy, and representative government. As of 2020, G7 members are large IMF advanced economies and account for over half of global net wealth, 30 to 43 percent of global gross domestic product, and 10 percent of the world's population. Its members maintain mutually close political, economic, diplomatic, and military relations in global affairs.
The G20 or Group of 20 is an intergovernmental forum comprising 19 countries and the European Union (EU). It works to address major issues related to the global economy, such as international financial stability, climate change mitigation and sustainable development.
The D-8 Organization for Economic Cooperation, also known as Developing-8, is an organisation for development co-operation among the following countries: Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey. The objectives of D-8 Organization for Economic Cooperation are to improve member states' position in the global economy, diversify and create new opportunities in trade relations, enhance participation in decision-making at international level, and improve standards of living. D-8 is a global arrangement rather than a regional one, as the composition of its members reflects. Organization for Economic Cooperation (D-8) is a forum with no adverse impact on bilateral and multilateral commitments of the member countries, emanating from their membership to other international or regional organizations.
The 1st G6 summit took place on 15–17 November 1975, in Rambouillet, France. The venue for the summit meetings was the Château de Rambouillet near Paris.
The 14th G7 Summit was held in Toronto, Ontario, Canada between June 19 and 21, 1988. The venue for the summit meetings was the Metro Toronto Convention Centre in Downtown Toronto.
The 11th G7 Summit was held in Bonn, West Germany between May 2 and May 4, 1985. The venue for the summit meeting was at the former official residence of the Chancellor of the Federal Republic of Germany in Bonn, the Palais Schaumburg.
The 15th G7 Summit was held in the business district of La Défense to the west of Paris, France between 14 and 16 July 1989. The venue for the summit meetings was the Grande Arche which was rushed to completion for celebrations marking the bicentennial of the French Revolution and for the world economic summit meeting that was held in the top of the Arche. This event was also called the "Summit of the Arch."
The 10th G7 Summit was held in London, England, United Kingdom from 7 to 9 June 1984. The venue for the summit meetings was Lancaster House in London.
The 18th G7 Summit was held in Munich, Germany between 6 and 8 July 1992. The venue for the summit meetings was at the Residenz palace in central Munich.
The 19th G7 Summit was held in Tokyo, Japan, on July 7–9, 1993. The venue for the summit meetings was the State Guesthouse in Tokyo, Japan.
The 20th G7 Summit was held in Naples, Italy, on 8–10 July 1994. The venue for the summit meetings was the former Royal Palace in Naples.
The 2008 G20 Washington Summit on Financial Markets and the World Economy took place on November 14–15, 2008, in Washington, D.C., United States. It achieved general agreement amongst the G20 on how to cooperate in key areas so as to strengthen economic growth, deal with the 2008 financial crisis, and lay the foundation for reform to avoid similar crises in the future. The Summit resulted from an initiative by the French and European Union President, Nicolas Sarkozy, Australian Prime Minister Kevin Rudd, and the British Prime Minister, Gordon Brown. In connection with the G7 finance ministers on October 11, 2008, United States President George W. Bush stated that the next meeting of the G20 would be important in finding solutions to the economic crisis. Since many economists and politicians called for a new Bretton Woods system to overhaul the world's financial structure, the meeting has sometimes been described by the media as Bretton Woods II.
The 2009 G20 London Summit was the second meeting of the G20 heads of government/heads of state, which was held in London on 2 April 2009 at the ExCeL Exhibition Centre to discuss financial markets and the world economy. It followed the first G20 Leaders Summit on Financial Markets and the World Economy, which was held in Washington, D.C., on 14–15 November 2008. Heads of government or heads of state from the G20 attended, with some regional and international organisations also represented. Due to the extended membership, it has been referred to as the London Summit.
The Fourteenth G-15 summit was held in Tehran, Iran on May 17–20, 2010. The bi-annual summit agenda of the Group of 15 (G-15) encompassed a range of issues.
The Fifteenth G15 summit was held in Colombo, Sri Lanka in 2012.
The Thirteenth G-15 summit was held in Havana, Cuba on September 14, 2006. The group's meeting was coordinated to take place at the same time as a non-aligned summit of 116 developing nations in the Cuban capital.
The Twelfth G-15 summit was held in Caracas, Venezuela on February 27–28, 2004.
The 2011 G20 Cannes Summit was the sixth meeting of the G20 heads of government/heads of state in a series of on-going discussions about financial markets and the world economy.
BRICS is a grouping of the world economies of Brazil, Russia, India, China, and South Africa formed by the 2010 addition of South Africa to the predecessor BRIC. The original acronym "BRIC", or "the BRICs", was coined in 2001 by Goldman Sachs economist Jim O'Neill to describe fast-growing economies that would collectively dominate the global economy by 2050.
The 9th G-15 summit was held at Montego Bay in Jamaica on 10–12 February 1999.
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