G7 summit: A brief history
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French President Valéry Giscard d’Estaing launched the annual format in 1975 as a sort of informal parlour for Western leaders. France last hosted in 2011, when members pledged billions, with Tunisia and Egypt on hand, to foster democratic reforms in the wake of the Arab Spring – an initiative dubbed the Deauville Partnership. While this weekend’s summit maintains the traditional “family photo”, a 45th formal snapshot for the history books, it is the first to do away with the conciliatory final statement.