The G8 summit or the Group of Eight is the annual meeting of the world's top economic leaders, happening since 1973. In 2013 it became the G7 due to the removal of Russia, due to their invasion of Crimea.
The G8 is more like a club of the world's most powerful people, where the leader of the group changes annually, and there is no legal or political authority.
The Original Eight countries are the US, Canada, France, Germany, Italy, Japan, Russia and the UK.
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