g20

The G20 (Group of 20, also variously G21, G22 and G20+) is a bloc of developing nations established on 20 August, 2003. The group emerged at the 5th Ministerial WTO conference, held in Cancn, Mexico from 10 September to 14 September 2003. In trade negotiations, the group has pressed for rich countries to end subsidies to their farmers and opposed liberalisation of their own agricultural sectors. In March 2005, the group consisted of 21 nations: Argentina, Brazil, Bolivia, Chile, China, Cuba, Egypt, Guatemala, India, Indonesia, Mexico, Nigeria, Pakistan, Paraguay, Philippines, South Africa, Tanzania, Thailand, Uruguay, Venezuela and Zimbabwe. The G-20 accounts for 65% of the world population, 72% of its farmers and 22% of its agricultural output http://www.reuters.com/newsArticle.jhtml?storyID=7950003&type=businessNews. Since its creation, the group has had a fluctuating membership. Previous members have included: Colombia, Costa Rica, Ecuador, El Salvador, Peru and Turkey.

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The G-20 (Group of 20) is also a group consisting of 19 of the world's richest nations, together with the European Union, Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom and the United States.

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