The summit was hosted by Italy.
- India also participated in the G7 outreach session on Artificial Intelligence, Energy, Africa and Mediterranean.
Key Outcomes
- Launched G7 Apulia Food Systems Initiative (AFSI): Aims is to intensify efforts to overcome structural barriers to food security and nutrition.
- Partnership for Global Infrastructure Investment (PGII): Mobilize up to USD 600 billion through the PGII by 2027.
- PGII is joint initiative of G7 countries to help fund infrastructure projects in developing countries through public and private investments.
- Artificial intelligence: Announced to develop a brand to support the implementation of the International Code of Conduct for Organizations Developing Advanced AI Systems.
About G7 Summit
- An informal forum that brings together Italy, Canada, France, Germany, Japan, United Kingdom, and the United States of America.
- European Union also participates in the Summit.
- Established as a platform for economic and financial cooperation in response to the 1973 energy crisis.
- First Summit was held in 1975.
- Expanded into the G8 between 1997 and 2013, with the inclusion of Russia. However, Russia’s participation was suspended in 2014 following the annexation of Crimea.
- Does not have a permanent administrative structure.
Relevance of G7
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