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G77

G77

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Published by imad rehman

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Published by: imad rehman on Jul 07, 2012
Copyright:Attribution Non-commercial

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05/13/2014

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G77
The G77 and China is a productof the North/South divide andthe political economy of the late20th century. It is broadly basedon a
“self 
-definition of 
exclusion”
 from world affairs
.
 
G77 establishment.
The Group of 77 (G-77) was established on 15
June 1964 by seventy-seven developing
countries signatories of the
“Joint
Declarationof the Seventy-Seven
Countries”
issued at theend of the first session of the United NationsConference on Trade and Development(UNCTAD) in Geneva. Beginning with the first
“Ministerial
Meeting of the Group of 77 inAlgiers (Algeria) on 10
 –
25 October 1967,which adopted the Charter of Algiers
 
,
a permanent institutional structure graduallydeveloped which led to the creation of Chapters of the Group of 77 with Liaison offices in Geneva(UNCTAD), Nairobi (UNEP), Paris (UNESCO), Rome(FAO/IFAD), Vienna (UNIDO), and the Group of 24 (G-24) in Washington, D.C. (IMF and World Bank).Although the members of the G-77 have increased to130 countries, the original name was retainedbecause of its historic significance

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