On January 1, 2024, Italy assumed, for the seventh time, the presidency of the G7, the group that brings together Italy, Canada, France, Germany, Japan, the United Kingdom, and the United States of America. The Italian presidency will last until Dec. 31, 2024, and will include a program of technical meetings and institutional events throughout the country.
The main event, the G7 Leaders' Summit, will be held in Fasano, in the province of Brindisi, from June 13 to 15, 2024. The event will be attended by the heads of state and government of the seven member states, as well as the President of the European Council and the President of the European Commission representing the European Union. Representatives of a number of states and international organizations invited by the country holding the presidency will also take part in the work.
The G7 Summit will be held in Borgo Egnazia, Puglia, in the town of Savelletri in Fasano (province of Brindisi)
The Group of Seven (G7) is an informal forum that brings together Italy, Canada, France, Germany, Japan, the United Kingdom and the United States of America. The European Union also participates in the Group, represented at the summits by the President of the European Council and the President of the European Commission.
Established as a forum for dialogue and coordination on economic and financial matters, the G7 has expanded to include several other areas of international activity such as aid to development and contribution to global peace and security.
Among the priorities of the Italian presidency are:
The Group was established as a platform for economic and financial cooperation in response to the 1973 energy crisis. In 1976, with the admission of Canada, the G7 assumed its current configuration. Since 1977, representatives of the European Economic Community, now the European Union, have also participated in the Group's work. Between 1997 and 2013, the G7 expanded to become G8, with the inclusion of the Russian Federation, whose participation was suspended in 2014 following the illegal annexation of Crimea. Since 1998, as the G7's agenda has gradually expanded, the Group has also met at the ministerial level to address specific issues.
Unlike an international organization, the G7 operates without a permanent organizational structure. Each year, starting January 1, one of the member states takes over the leadership of the Group on a rotating basis. The presiding nation serves as a temporary secretariat, hosting the work of the Group and the Leaders' Summit, and exercising a prominent role in setting the agenda and identifying priorities.
The G7 Summit concludes with the adoption of a communiqué in which important policy commitments are outlined. These communiqués-and G7 decisions in general-have a significant influence on global governance and its decision-making processes.
The central element of the logo of the Italian G7 Presidency is a centuries-old olive tree, among the most widespread and identifying trees of the Italian and Mediterranean landscape, also present in the emblem of the Italian Republic, whose national identity it embodies. Three the fronds of the olive tree depict seven olives, representing the seven nations that make up the G7.
Born in special issue, the heptagonal coin celebrating the Italian presidency at the G7 Summit. The obverse and reverse of the coin depict Italy towards the future, crowned by artificial intelligence, and the majestic centuries-old olive tree, the emblem of our land. The first heptagonal coin and the first coin worth 3 euros!
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