The G7 Summit is the annual meeting of the Group of Seven leaders. It's hosted by the G7 president for that year. The summit doesn't have any legal or political...
The G-7 (full name ) Group of Seven is an international intergovernmental economic international block consisting of the seven major countries: Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, largest IMF- advanced economies in the world at that time.
It is considered as one of the major supernations blocks which is indirectly the current World Order led by the United States Of America. As per the latest development the G7 has invited India to be part of its core which will ultimately lead to the renaming of the group as G-8.
The annual meeting of the G-7 block is known as the G-7 summit. This year's G-7 Summit will be evented from 10th June to 12th June.