Difference between revisions of "WikipediaExtracts:Group of 77"
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Latest revision as of 21:03, 22 February 2022
Extracted from Wikipedia --
The Group of 77 (G77) at the United Nations (UN) is a coalition of developing countries, designed to promote its members' collective economic interests and create an enhanced joint negotiating capacity in the United Nations.: 79 The group consists of a diverse set of states with a common South-South ideology. There were 77 founding members of the organization headquartered in Geneva, but it has since expanded to 134 member countries.: 79–80 Iraq holds its chairmanship for 2025, succeeding Uganda.
The group was founded on 15 June 1964, by 77 non-aligned nations in the "Joint Declaration of the Seventy-Seven Countries" issued at the United Nations Conference on Trade and Development (UNCTAD). The first major meeting was in Algiers in 1967, where the Charter of Algiers was adopted and the basis for permanent institutional structures was begun under the leadership of Raúl Prebisch who had previously worked at ECLA. There are Chapters of the Group of 77 in Geneva (UN), Rome (FAO), Vienna (UNIDO), Paris (UNESCO), Nairobi (UNEP) and the Group of 24 in Washington, D.C. (International Monetary Fund and World Bank).