What does G 77 mean in UNITED NATIONS
The Group of 77 (abbreviated G77 and officially known as the “Group of Seventy-Sevenâ€) is a coalition of 134 developing countries, designed to promote its members' collective economic interests and create an enhanced joint negotiating capacity in the United Nations.
G 77 meaning in United Nations in Governmental
G 77 mostly used in an acronym United Nations in Category Governmental that means Group of 77
Shorthand: G 77,
Full Form: Group of 77
For more information of "Group of 77", see the section below.
Essential Questions and Answers on Group of 77 in "GOVERNMENTAL»UN"
What is the Group of 77?
The Group of 77 (G77) is a coalition of 134 developing countries, designed to promote its members' collective economic interests and create an enhanced joint negotiating capacity in the United Nations.
Who are its members?
The membership includes 55 African states, 32 Latin American and Caribbean states, 17 Asian countries, 10 Arab nations, and 30 from other regions.
When was it established?
The Group of 77 was established on June 15th, 1964 at the United Nations Conference on Trade and Development (UNCTAD) in Geneva.
What is the purpose of G77?
The goals of the group are to improve the political and economic standing of developing countries, promote South-South cooperation between its member states, articulate their collective needs and interests in order to strengthen their negotiating powers in international trade negotiations.
How does G77 achieve its goals?
G77 organizes annual conferences for member nations to discuss policies regarding economic development as well as joint efforts for advancing socioeconomic issues such as food security, health care reform, poverty alleviation and access to clean water sources among many others. G77 also works with partner organizations such as NGOs and UN agencies to help fund projects that advance its cause.
Final Words:
Through these initiatives, G77 strives to increase global awareness about poverty issues facing developing countries while ensuring that these nations have adequate representation in international trade negotiations. This allows them a greater voice in defending their rights which ultimately leads to more equitable global distribution of resources for all countries.