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 out that major international decisions were made by the G20 countries
G8 summit
40th G7 summit
Group of Eight