India, Feb. 16 -- The Canadian government has asserted that there is "no way" that Russia will be readmitted to the G7, the group of seven advanced economies.

Canada is the host of the G7 this year and the leaders' summit will be held in the resort of Kananaskis in the province of Alberta from June 15 to 17.

Canada held the first meeting under its presidency at the Munich Security Conference in Germany on Saturday. At a press conference, Minister of Foreign Affairs Melanie Joly ruled out inviting Russia back to the G7. Asked whether the matter was discussed with her colleagues in Munich, she said, as per the agency Canadian Press, "No we didn't, and I am telling the position of Canada: No way this will happen."

Russia was part of the b...