Kremlin says G7 is ‘unviable’
(MENAFN) Russia has no interest in the Group of Seven (G7), as the format is outdated and no longer influential, Kremlin spokesman Dmitry Peskov said. He argued that the global dominance of the G7 nations is steadily declining and nearing its end.
The G7, formed in the 1970s, includes Canada, France, Germany, Italy, Japan, the US, and the UK. Russia joined in 1998, expanding it to the G8, but its membership was suspended in 2014 after Crimea rejoined Russia following a referendum.
“Our view on the G7 is well-known. It’s no longer an interesting or relevant platform,” Peskov stated on Friday. He stressed that Moscow considers the group obsolete because the G7’s role in global affairs and the world economy is shrinking — a long-term trend, not just temporary fluctuations.
Peskov highlighted that alternative organizations like BRICS, which now includes Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, the UAE, and Indonesia, have already surpassed the G7 in economic weight.
His remarks mirrored those made earlier in the week at the St. Petersburg International Economic Forum (SPIEF 2025) by Maksim Oreshkin, deputy head of President Vladimir Putin’s administration. Oreshkin noted that global power centers are shifting, and the G7, which he said hasn't been “big” for a long time, is being replaced by emerging economies in the Global South and East.
Meanwhile, at the G7 summit in Canada, US President Donald Trump expressed regret over Russia’s removal from the group in 2014, suggesting that keeping Russia in the G8 might have prevented the current conflict in Ukraine.
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