About G-77 alliance

The Group of 77 (G-77) is a coalition of developing countries in the United Nations that was established on June 15, 1964. Initially comprising 77 countries, the group has since expanded to include over 130 member states. The G-77 was formed to promote the collective economic interests and enhance the negotiating capacity of developing countries within the UN and other international forums. ### Objectives: The primary objectives of the G-77 include: 1. **Economic Cooperation**: Advocating for economic cooperation and discussing ways to improve the economic conditions of its member states. 2. **Development Agenda**: Promoting a development agenda that reflects the interests and priorities of developing countries, particularly in the context of sustainable development. 3. **Political Solidarity**: Providing a platform for political solidarity and a unified voice on issues of concern to the global South. ### Key Areas of Focus: The G-77 addresses a variety of issues, including: - Trade and economic policies - Climate change and environmental issues - Financing for development - Technology transfer - Social development and poverty alleviation ### Structure: The G-77 operates on a rotating presidency, with member states taking turns to hold leadership positions. The group meets regularly to coordinate its positions and efforts on various international issues. ### Impact: The G-77 has played a significant role in international negotiations, advocating for the rights and interests of developing countries, particularly in dealings with developed nations and institutions like the World Bank and the International Monetary Fund. Overall, the G-77 remains an important platform for developing countries to collaborate and voice their concerns on global economic and social issues.