As the G7 group of large democratic nations with big economies meets Sunday in Alberta, Canada they have a broad agenda in the midst of global economic and military turmoil.

For decades, the G7 has remained representative of Western-centrism, seeking to impose a development model based on Western standards on developing countries with the ultimate goal of promoting the Western-dominated international economic system despite the fact that this system has proved to be far from fair and equitable.

The summit takes place amid growing geopolitical challenges, including the conflict in the Middle East and a trade war driven by US President Donald Trump’s tariff policies

BANFF, Alta. — The heads of the world’s richest economies are converging on Alberta today for one of the most high-stakes G7 meetings in recent memory amid a U.S.-led global tariff war and the growing crisis in the Middle East.

Leaders of the Group of Seven nations issued a joint statement urging de-escalation of hostilities between Israel and Iran and reaffirmed their stance that Iran must not be allowed to develop nuclear weapons.

Iran is the principal source of regional instability and terror. We have been consistently clear that Iran can never have a nuclear weapon, G7 leaders said in a statement.

The 2018 summit ended with Trump assailing his Canadian hosts on social media as he departed on Air Force One, saying he had instructed the U.S. officials who remained in Quebec to oppose the G7 joint statement endorsed by the leaders of Japan, France, the United Kingdom, Italy, Germany and, of course, Canada.

Iran is not winning this war, and they should talk, and they should talk immediately before it's too late,' Trump said at the G7 Summit in Canada.