The 45th annual G7 Summit is set to kick off on Aug. 24 in the seaside town of Biarritz in France. For two days, leaders from the U.S., Canada, U.K., France, Italy, Germany and Japan, as well as top E.U. officials, will discuss global challenges involving foreign policy, the economy, and the protection of the environment. The aim of the meeting is to shape global responses to challenges affecting countries worldwide. The G7 countries have the largest advanced economies in the world, according to the International Monetary Fund (IMF) representing 58 percent of the global net wealth equates to $317 trillion (£260,540 billion). Here’s what you need to know about the event bringing together leaders from some of the most powerful economies in the world.
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