● It is an intergovernmental organization that meets periodically to address international economic and monetary issues.
● G-7 countries consist of the U.S., U.K., France, Germany, Italy, Canada, and Japan.
● The G-7 was formerly referred to as the G-8 until Russia was suspended from the group in 2014 after illegally annexing Crimea.
● The G-7 is not an official, formal entity and, therefore, has no legislative or authoritative power to enforce the recommended policies and plans it compiles.
D10 Group of Countries:
● D10 stands for 10 biggest democracies of the world.It has been proposed by the UK.
● It would include G7 countries – UK, US, Italy, Germany, France, Japan and Canada – plus Australia, South Korea and India.
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