The Group of 5 (G-5) (with Italy, Canada, and Russia) is now known as the Group of 8 or G-8. At the same time, the Group of 5 now refers to Brazil, China, India, Mexico, and South Africa. Established on 22 September 1985 to coordinate the economic policies of five major noncommunist economic powers.
The G-5 members are France, Germany, Japan, the United Kingdom, and the United States.