Following 1994's G7 summit in Naples, Russian officials held separate meetings with leaders of the G7 after the group's summits. This informal arrangement was dubbed the Political 8 (P8)—or, colloquially, the G7+1. At the invitation of UK Prime Minister Tony Blair and U.S. President Bill Clinton, President Boris Yeltsin was invited first as a guest observer, later as a full participant. It was seen as a way to encourage Yeltsin with his capitalist reforms. Russia formally joined the group in 1998, resulting in the Group of Eight, or G8.
This section needs to be updated. (July 2017)
A major focus of the G8 since 2009 has been the global supply of food. At the 2009 L'Aquila summit, the G8's members promised to contribute $22 billion to the issue. By 2015, 93% of funds had been disbursed.
At the 2012 summit, President Barack Obama asked G8 leaders to adopt the New Alliance for Food Security and Nutrition initiative to "help the rural poor produce more food and sell it in thriving local and regional markets as well as on the global market".
Russia′s participation suspension (2014)
On 24 March 2014, the G7 members cancelled the planned G8 summit that was to be held in June that year in the Russian city of Sochi, and suspended Russia's membership of the group, due to Russia's annexation of Crimea; nevertheless, they stopped short of outright permanent expulsion. Russian foreign minister Sergei Lavrov downplayed the importance of the decision by the U.S. and its allies, and pointed up that major international decisions were taken by the G20 countries.
Later on, the Italian Foreign Affairs minister Federica Mogherini and other Italian authorities, along with the EastWest Institute board member Wolfgang Ischinger, suggested that Russia may restore its membership in the group. In April 2015, the German foreign minister Frank-Walter Steinmeier said that Russia would be welcomed to return to G8 provided the Minsk Protocol was implemented. In 2016, he added that "none of the major international conflicts can be solved without Russia", and the G7 countries will consider Russia's return to the group in 2017. The same year, Japanese Prime Minister Shinzō Abe called for Russia's return to G8, stating that Russia's involvement is "crucial to tackling multiple crises in the Middle East". In January 2017, the Italian foreign minister Angelino Alfano said that Italy hopes for "resuming the G8 format with Russia and ending the atmosphere of the Cold War". On 13 January 2017, Russia announced that it would permanently leave the G8 grouping. Nonetheless, Christian Lindner, the leader of Free Democratic Party of Germany and member of the Bundestag, said that Putin should be "asked to join the table of the G7" so that one could "talk with him and not about him", and "we cannot make all things dependent on the situation in Crimea". In April 2018, the German politicians and members of the Bundestag Sahra Wagenknecht and Alexander Graf Lambsdorff said that Russia should be invited back to the group and attend the 2018 summit in Canada: "Russia should again be at the table during the [June] summit at the latest" because "peace in Europe and also in the Middle East is only possible with Russia". The President of US Donald Trump also stated that Russia should be returned to G8; his appeal was supported by the Italian Prime Minister Giuseppe Conte.Later the 4 EU members of G7, Canada and Japan anyway didn't agree about it. After several G7 members quickly rejected US President Trump suggestion to accept again Russian Federation in the G8, Russian Foreign Minister Lavrov said Russian Federation isn't interested to rejoin the political forum G8. He also said that G20 is sufficient for Russian Federation. In the final statement of 2018 Canada meeting, the G7 members announced to recall sanctions and also to be ready to take further restrictive measures against the Russian Federation for the failure of Minsk Agreement complete implementation.