| As eight countries making up about half the world's gross domestic product, the standards we set, the commitments we make, and the steps we take can help solve vital global issues, fire up economies and drive prosperity all over the world | The goal of the Y8 Summit is to bring together young people from around the world to allow the voices and opinions of young generations to be heard and to encourage them to take part in global decision-making processes |
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| It predicted that the region would have a greater presence on the global stage, shaping the G20's agenda for balanced and sustainable growth through strengthening intraregional trade and stimulating domestic demand | Nevertheless, the G7 retains its relevance as a "steering group for the ", with special significance appointed to Japan |
| 939 82,786,000 357,114 Y Y Y Y Advanced 830 | 1 1,359,330 1,369,392 56,698 52,373 0 |
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| A year later, on 8 June 2008, the G8 along with China, India, South Korea and the established the , at the Energy Ministerial meeting hosted by Japan holding 2008 G8 Presidency, in | 5 1,473,580 4,135,000 11,601 28,184 0 |
In view of the objectives of the G20, it was considered important that countries and regions of systemic significance for the international financial system be included.
7