The G7’s share of the global economy has been shrinking for years, Putin was quoted as saying in an interview with broadcaster India Today by Russian state news agency TASS.
The G7 includes Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, with the European Union also joining the discussions.
Russia was excluded from the group, which was the G8 with Russia in it after it annexed Ukraine’s Crimean Peninsula in 2014. That left the remaining members united in their values as Western democracies.