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Biarritz: Prime Minister Narendra Modi in a group photograph with the leaders of G7 Nations - American President Donald Trump, UK Prime Minister Boris Johnson, French President Emmanuel Macron, Canadian Prime Minister Justin Trudeau, Japanese Prime Minister Shinzo Abe, German Chancellor Angela Merkel and Italian Prime Minister Giuseppe Conte at the G7 Summit in Biarritz, France on Aug 25, 2019. (Photo: IANS/PIB) by .
Prime Minister Narendra Modi in a group photograph with the leaders of G7 Nations – American President Donald Trump, UK Prime Minister Boris Johnson, French President Emmanuel Macron, Canadian Prime Minister Justin Trudeau, Japanese Prime Minister Shinzo Abe, German Chancellor Angela Merkel and Italian Prime Minister Giuseppe Conte at the G7 Summit in Biarritz, France. (Photo: IANS/PIB)

Russia has no plan to rejoin the Group of Seven given its satisfaction with the Group of 20, the Kremlin said on Monday.

“The G20 probably better meets modern economic realities from the point of view of economic development centres in the world,” Kremlin spokesman Dmitry Peskov told reporters.

According to Peskov, the G7 lacks global significance because it excludes China, India, Brazil, Turkey and other countries, Xinhua reported.

Russia was part of the Group of Eight along with Britain, Canada, France, Germany, Italy, Japan and the US, but its membership was terminated over Crimea in 2014.

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