Group Of 77
The
Group of 77
at the
United Nations
is a loose coalition of
developing nations
, 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 organization, but the organization has since expanded to 133 member countries. The group was founded on
June 15
1964
by 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. There are
Chapters of the Group of 77
in
Rome
(
FAO
),
Vienna
(
UNIDO
),
Paris
(
UNESCO
),
Nairobi
(
UNEP
) and the
Group of 24
in
Washington, D.C.
(
IMF
and
World Bank
).
See also
Group of 7
External link
Group of 77 official website
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