G7 Leaders’ Summit 2025

Published on 25 Oct 2025

• Canada, currently holding the G7 presidency for the seventh time, recently hosted the G7 Leaders’ Summit in Kananaskis, Alberta. 

• The G7 Summit, held annually, brings together leaders of France, the US, the UK, Germany, Japan, Italy, Canada, and the EU to coordinate on global issues. 

• Originating after the Nixon Shock (1971) and oil crisis (1973), the first summit was held in 1975 in France with six members; Canada joined in 1976. 

• The G7, which became the G8 with Russia in 1998, reverted to G7 in 2014 after Russia’s suspension due to the Crimea invasion. 

• It has no permanent HQ or treaty, and its leader-level decisions are non-binding.

• India has been a special invitee since 2003 and not a regular outreach partner of G7.

• Note: Nixon Shock refers to the economic actions taken by President M. Richard Nixon in 1971 that eventually led to the collapse of the Bretton Woods system.

Keywords:

G7 Leaders’ Summit 2025 G7 Canada International relations Kananaskis Alberta Nixon Shock