Here's what to know about the G7
June 11, 2021. Summarized by summa-bot.
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President Joe Biden's first trip abroad since taking office includes a G7 summit where he'll look to reestablish US leadership on the world stage.
(CNN)President Joe Biden's first trip abroad since taking office includes a G7 summit where he'll look to reestablish US leadership on the world stage.
What is the G7?
The G7 is shorthand for Group of Seven, an organization of leaders from some of the world's largest economies: Canada, France, Germany, Italy, Japan, the United Kingdom and the US.
What does the G7 do?
Members of the G7 meet each year for a summit to discuss pressing issues on the global stage and coordinate policy.
In a statement ahead of the summit, UK Prime Minister Boris Johnson said he will urge his fellow G7 leaders at the summit to make concrete commitments to vaccinate the world, as well as give support to the "Global Pandemic Radar" -- a new global surveillance system intended to protect immunization programs.
What power does the G7 have?
Ahead of this year's summit, for instance, G7 finance ministers agreed to back a global minimum tax of at least 15% on multinational companies.