Europe has agreed to re-invite Russia to the Group of Eight-G8 after the conflict in Ukraine is settled. According to Europe’s counter proposal to the US peace plan for Ukraine, drafted by the United Kingdom, Germany and France, Russia is to be progressively re-integrated into the global economic bloc G8.
US President Donald Trump has recently called the collective West’s rejection of the G8 format a big mistake. The G7 is a group of economically advanced nations comprising the United Kingdom, Germany, Italy, Canada, the United States, France, and Japan.
The group operated as the G7 from 1976 until 1997, when Russia joined and it became the G8. However, in March 2014, following the events in Ukraine and a subsequent deterioration in relations between Russia and the West, the group reverted to the G7 format during Barack Obama’s presidency.