|18th G7 summit|
Wittelsbach palace in Munich, the Residenz
|Dates||July 6–8, 1992|
|Follows||17th G7 summit|
|Precedes||19th G7 summit|
The Group of Seven (G7) was an unofficial forum which brought together the heads of the richest industrialized countries: France, Germany, Italy, Japan, the United Kingdom, the United States, Canada (since 1976) and the President of the European Commission (starting officially in 1981). The summits were not meant to be linked formally with wider international institutions; and in fact, a mild rebellion against the stiff formality of other international meetings was a part of the genesis of cooperation between France's President Giscard d'Estaing and West Germany's Chancellor Helmut Schmidt as they conceived the first Group of Six (G6) summit in 1975.
The G7 is an unofficial annual forum for the leaders of Canada, the European Commission, France, Germany, Italy, Japan, the United Kingdom and the United States.
The 18th G7 summit was the first summit for Italian Prime Minister Giuliano Amato and Japanese Prime Minister Kiichi Miyazawa. It was also the last summit for Canadian Prime Minister Brian Mulroney and U.S. President George H.W. Bush.
|Core G7 members|
Host state and leader are shown in bold text.
|Canada||Brian Mulroney||Prime Minister|
|Italy||Giuliano Amato||Prime Minister|
|Japan||Kiichi Miyazawa||Prime Minister|
|United Kingdom||John Major||Prime Minister|
|United States||George H. W. Bush||President|
|European Community||Jacques Delors||Commission President|
|John Major||Council President|
The summit was intended as a venue for resolving differences among its members. As a practical matter, the summit was also conceived as an opportunity for its members to give each other mutual encouragement in the face of difficult economic decisions. Issues which were discussed at this summit included: