Decoded: What is the Group of Seven (G-7)?

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A Useful Guide to the G7 Summit



President Obama arrived to a secluded Bavarian castle for the annual G-7 summit on Sunday to discuss pressing issues like the economic sanctions against Russia, climate change and how to face ISIS with world leaders.

The Group of Seven (G-7) is made up of seven economic giants who convene annually to work through the biggest issues facing the world in a closer environment than the United Nations.

Current members include the United States, Canada, France, Germany, Italy, Japan and the United Kingdom. The European Union is technically an eighth member. The group used to be known as the G-8, but Russia was expelled from the annual affair in 2014 after its annexation of Crimea.

The G-7 meets to primarily discuss economic policies within their own countries, while also taking on the broader issues those economic policies impact.

This year's summit includes hot button topics of the 2015 G-7 summit are Russian sanctions, the growing FIFA corruption scandal, revamping the World Health Organization and facing threats from terrorists organizations Boko Haram and ISIS.

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Decoded: What is the Group of Seven (G-7)?
Germany's Chancellor Angela Merkel (L) gestures while chatting with US President Barack Obama sitting on a bench outside the Elmau Castle after a working session of a G7 summit near Garmisch-Partenkirchen, southern Germany, on June 8, 2015. AFP PHOTO / POOL / MICHAEL KAPPELER (Photo credit should read MICHAEL KAPPELER/AFP/Getty Images)
IDENTITY CORRECTION (L-clockwise) IMF Managing Director Christine Lagarde, Ethiopia's Prime Minister Hailemariam Desalegn, Canada's Prime Minister Stephen Harper, Tunisia's President Beji Caid Essebsi, Germany's Chancellor Angela Merkel, Iraq's Prime Minister Haider al-Abadi, United Nations Secretary-General Ban Ki-moon, European Union Commission President Jean-Claude Juncker, International Labour Organization (ILO) Director-General Guy Ryder, Director-General of the World Trade Organization Roberto Azevedo, World Bank Group President Jim Kim, Chair of the Commission of the African Union Dlamini Zuma, Japanese Prime Minister Shinzo Abe, US President Barack Obama, Nigerian President Muhammadu Buhari, French President Francois Hollande, Senegal's President Macky Sall attend the second working session of a G7 summit at the Elmau Castle near Garmisch-Partenkirchen, southern Germany, on June 8, 2015. Germany hosts a G7 summit at the Elmau Castle on June 7 and June 8, 2015. AFP PHOTO / POOL / JOHN MACDOUGALL (Photo credit should read JOHN MACDOUGALL/AFP/Getty Images)
KRUEN, GERMANY - JUNE 7: U.S. President Barack Obama (L) and German Chancellor Angela Merkel (R) attend a concert at Schloss Elmau within the G7 Summit in Kruen, Germany on June 7, 2015. (Photo by Goran Gajanin/Anadolu Agency/Getty Images)
US President Barack Obama and Germany's Chancellor Angela Merkel attend a working dinner at a G7 summit at the Elmau Castle near Garmisch-Partenkirchen, southern Germany, on June 7, 2015. Germany hosts a G7 summit at the Elmau Castle on June 7 and June 8, 2015. AFP PHOTO / POOL / MICHAEL KAPPELER (Photo credit should read MICHAEL KAPPELER/AFP/Getty Images)
(From front L, clockwise) President of the European Council Donald Tusk, Japanese Prime Minister Shinzo Abe, Canada's Prime Minister Stephen Harper, US President Barack Obama, Germany's Chancellor Angela Merkel, French President Francois Hollande, British Prime Minister David Cameron, Italy's Prime Minister Matteo Renzi and European Union Commission President Jean-Claude Juncker attend a working dinner at a G7 summit at the Elmau Castle near Garmisch-Partenkirchen, southern Germany, on June 7, 2015. Germany hosts a G7 summit at the Elmau Castle on June 7 and June 8, 2015. AFP PHOTO / POOL / MICHAEL KAPPELER (Photo credit should read MICHAEL KAPPELER/AFP/Getty Images)
(From front L, clockwise) President of the European Council Donald Tusk, Japanese Prime Minister Shinzo Abe, Canada's Prime Minister Stephen Harper, US President Barack Obama, Germany's Chancellor Angela Merkel, French President Francois Hollande, British Prime Minister David Cameron, Italy's Prime Minister Matteo Renzi and European Union Commission President Jean-Claude Juncker attend a working dinner at a G7 summit at the Elmau Castle near Garmisch-Partenkirchen, southern Germany, on June 7, 2015. Germany hosts a G7 summit at the Elmau Castle on June 7 and June 8, 2015. AFP PHOTO / POOL / MICHAEL KAPPELER (Photo credit should read MICHAEL KAPPELER/AFP/Getty Images)
US President Barack Obama and the wife of Canada's Prime Minister Laureen Harper attend a concert at the G7 summit at Schloss Elmau hotel near Garmisch-Partenkirchen, southern Germany, on June 7, 2015. AFP PHOTO / POOL / KARL-JOSEF HILDENBRAND (Photo credit should read KARL-JOSEF HILDENBRAND/AFP/Getty Images)
GARMISCH-PARTENKIRCHEN, GERMANY - JUNE 07: U.S. President Barack Obama and German Chancellor Angela Merkel sit down for a working dinner at the summit of G7 nations at Schloss Elmau on June 7, 2015 near Garmisch-Partenkirchen, Germany. In the course of the two-day summit G7 leaders are scheduled to discuss global economic and security issues, as well as pressing global health-related issues, including antibiotics-resistant bacteria and Ebola. Several thousand protesters have announced they will seek to march towards Schloss Elmau and at least 17,000 police are on hand to provide security. (Photo by Sean Gallup/Getty Images)
Germany's Chancellor Angela Merkel (L) and French President Francois Hollande attend a working dinner at a G7 summit at the Elmau Castle near Garmisch-Partenkirchen, southern Germany, on June 7, 2015. Germany hosts a G7 summit at the Elmau Castle on June 7 and June 8, 2015. AFP PHOTO / POOL / ROBERT MICHAEL (Photo credit should read ROBERT MICHAEL/AFP/Getty Images)
(L-R) The wife of Canada's Prime Minister Laureen Harper, US President Barack Obama, Germany's Chancellor Angela Merkel, her husband Joachim Sauer, French President Francois Hollande and British Prime Minister David Cameron attend a concert at the G7 summit at Schloss Elmau hotel near Garmisch-Partenkirchen, southern Germany, on June 7, 2015. AFP PHOTO / POOL / KARL-JOSEF HILDENBRAND (Photo credit should read KARL-JOSEF HILDENBRAND/AFP/Getty Images)
(L-R) US President Barack Obama, Germany's Chancellor Angela Merkel, her husband Joachim Sauer and French President Francois Hollande attend a concert at the G7 summit at Schloss Elmau hotel near Garmisch-Partenkirchen, southern Germany, on June 7, 2015. AFP PHOTO / POOL / KARL-JOSEF HILDENBRAND (Photo credit should read KARL-JOSEF HILDENBRAND/AFP/Getty Images)
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