43rd G7 Summit held in Sicily, Italy

43rd G7 Summit was held on 26-27 May, 2017 in Taormina, Sicily, Italy. The 43rd G7 summit was the first summit for British Prime Minister Theresa May.

It was the first time since 1987 that the G7 summit held in Italy was not hosted by  Silvio Berlusconi, former PM of Italy. The Group of 7 (G7) is a group consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. The European Union is also represented within the G7.  The theme of the Italian G7 Summit 2017 is-” Building the Foundation of Renewed Trust.” 
Static Takeaways for SBI PO Mains Exam-
  • The first occasion of G7 Summit was in 1980 in Venice, Italy
  • Next G-7 Summit will be held in Canada in 2018.
  • This is the sixth time that Italy has taken over the rotating G7 Presidency
  • PM of Italy is Paolo Gentiloni and the capital and currency is Rome and Euro respectively.
Source- The Hindu


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