G77
G77 + China (Bloc of developing countries) | |
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Multipolarism versus Hegemony | |
The Group of 77 (G77) at the United Nations (UN) is a bloc of 134 developing countries from the Global South representing 80% of the world's population, and designed to promote its members' collective economic interests and create an enhanced joint negotiating capacity in the United Nations. There were 77 founding members of the organisation headquartered in Geneva, but it has since expanded to 134 member countries. Cuba holds the G77 chairmanship for 2023, succeeding Pakistan.
Charter of Algiers
The G77 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 Algeria in 1967, where the Charter of Algiers was adopted and the basis for permanent institutional structures was begun under the leadership of Raul Prebisch who had previously worked at ECLA.
G77 Chapters
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, DC (International Monetary Fund and World Bank).[1]
Meeting in Cuba
On 15 September 2023, United Nations Secretary-General Antonio Guterres praised efforts to support the Global South in the international arena as he opened a summit of the G77 group of developing nations and China with host Cuba.[2]
References
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