Establishment

The Group of 77 (G-77) was established on 15 June 1964 by

seventy-seven developing countries.
Seventy-seven countries signed the Joint Declaration of the
Seventy-Seven Developing Countries at the end of the first
session of the United Nations Conference on Trade and
Development (UNCTAD) in Geneva.
Although the members of the G-77 have increased to 134
countries, the original name was retained due to its historic
significance.

Objectives
The Group of 77 is the largest intergovernmental
organization of developing countries in the United
Nations.
Provides means for the countries of the South to articulate
and promote their collective economic interests.
Enhance their joint negotiating capacity on all major
international economic issues within the United Nations
system.
Promote South-South cooperation for development.

Structure
The organization and modalities of work of the G77 have
certain minimal features in common.
These include similarity in membership,mode of decisionmaking and certain operating methods.
The Group's work in each Chapter is co-ordinated by a
chairperson, who acts as its spokesperson.
The Chairmanship, which is the highest political body within
the organizational structure of the Group of 77, rotates on a
regional basis (between Africa, Asia-Pacific and Latin
America and the Caribbean) and is held for one year in all the
Chapters.

 Currently the Republic of South Africa holds the Chairmanship of the Group of
77 in New York for the year 2015.
A permanent institutional structure gradually developed which led to the creation
of Chapters of the Group of 77 with Liaison offices in:
Geneva (UNCTAD)
Nairobi(UNEP)
Paris (UNESCO)
Rome (FAO/IFAD)
Vienna (UNIDO)
The South Summit is the supreme decision-making body of the Group of 77.
The First and the Second South Summits were held in Havana, Cuba, on 10 14
April 2000 and in Doha, Qatar, on 12 16 June 2005, respectively. In accordance
with the principle of geographical rotation, the Third South Summit is due to be
held in Africa.

 The Annual Meeting of the Ministers for Foreign Affairs of the

Group of 77 is convened at the General Assembly of the
United Nations in New York.
Periodically:
Sectoral Ministerial Meetings : for UNCTAD sessions
General Conferences : UNIDO and UNESCO
In addition to the Sectoral Meetings, the Intergovernmental
Follow-up and Coordination Committee on South-South
Cooperation (IFCC), which is a plenary body consisting of
senior officials, meets once every two years.
Special Ministerial Meetings: On the occasion e.g: Groups
anniversary (25th,30th,40th).

Activities
Besides resolution and decisions initiated by the Group of 77
in the UN General Assembly and its Committees as well as
various UN bodies and specialized agencies, the Group of 77
produces joint declarations, action programmes and
agreements on development issues.

Members

Group of 24
There were 77 founding members of the organization, but by
November 2013 the organization had since expanded to 134
member countries.
The Group of 24 (G-24) is a chapter of the G-77 that was
established in 1971 to:
1. Coordinate the positions of developing countries on
international monetary and development finance issue.
2. To ensure that their interests were adequately
represented in negotiations on international monetary matters.

Member countries- G24

Region I (Africa):
Algeria, Cte dIvoire, Egypt, Ethiopia, Gabon, Ghana,
Nigeria, South Africa and the Democratic Republic of Congo.
Region II (Latin America and the Caribbean):
Argentina, Brazil, Colombia, Guatemala, Mexico, Peru,
Trinidad and Tobago and Venezuela.
Region III (Asia):
India, Iran, Lebanon, Pakistan, Philippines, Sri Lanka and
Syria.

How The G-24 Operates

The G-24 operates at the political and operation level.
The political level :
Comprises of Ministers, their Deputies, the Bureau, and other
representatives who participate in the Committee
The operational level :
run by the G24 Liaison Office
This includes the G24 Secretariat and the Research
Coordinator.

 To coordinate the position of developing countries on

monetary and development issues.
Particularly issues on the agendas of the International
Monetary and Financial Committee (IMFC) and the
Development Committee (DC).
To ensure increased representation and participation of
developing countries in negotiations on the reform of the
international monetary system.
The governing body of the G-24 meets twice a year.
The plenary G-24 meetings are addressed by the heads of the
IMF and the World Bank Group as well as by senior officials
of the UN system.