Group of 77 (G-77)
Groupe des 77
Grupo de los 77
15 Jun 1964, by 77 developing countries signatory to the 'Joint Declaration of the Seventy-Seven Countries' issued at the end of the first session of E-XE3381 - UNCTAD, Geneva (Switzerland). Permanent institutional structure developed gradually, commencing with the first Ministerial Meeting of the Group of 77, 10-25 Oct 1967, Algiers (Algeria), which adopted the Charter of Algiers, followed by the creation of Chapters of the Group of 77 with Liaison offices in Geneva (UNCTAD), Nairobi (Kenya) (UNEP), Paris (France) (UNESCO), Rome (Italy) (FAO/IFAD), Vienna (Austria) (UNIDO) and the Group of 24 in Washington DC (USA) (IMF and World Bank). Although membership of G-77 has increased to 134 countries, the original name is retained because of its historic significance.
As the largest intergovernmental organization of developing states in the United Nations, provide the means for the countries of the South to articulate and promote their collective economic interests and enhance their joint negotiating capacity on all major international economic issues in the United Nations system; promote South-South cooperation for development.
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The work of G-77 in each Chapter is coordinated by a Chair who acts as its spokesperson. The Chairmanship rotates on a regional basis and is held for one year in all the Chapters. The Chairmanship is the highest political body. The supreme decision-making body is the South Summit, convened every 5 years. Meeting of the Ministers for Foreign Affairs, convened annually at the beginning of the regular session of the General Assembly of the United Nations in New York NY (USA) and periodically in preparation for UNCTAD sessions. Special Ministerial Meetings are also called as needed. Plenary body is K-XE1020 - Intergovernmental Follow-up and Coordination Committee of the Group of 77 on Economic Cooperation among Developing Countries (IFCC). Secretariat led by Executive Secretary.
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UN Sustainable Development Goals **
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** UN SDGs are linked to the subject classification.
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