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G20 developing nations

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Bloc of developing nations
For the group of 20 major economies, seeG20.
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G20 developing nations
Logo of
Logo
Location of
HeadquartersNew Delhi,India
TypeTrade bloc
Member states
25 countries
Establishment20 August 2003

TheG20 developing nations (and, occasionally, theG21,G23 orG20+) is abloc ofdeveloping nations established on 20 August 2003. Distinct and separate from theG20 major economies, the group emerged at the 5th MinisterialWTO conference, held inCancún, Mexico, from 10 September to 14 September 2003. The group accounted for 60% of the world's population, 70% of its farmers and 26% of world’s agricultural exports.[1]

History

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Its origins date back to June 2003, when foreign ministers fromBrazil,India andSouth Africa signed a declaration known as theBrasilia Declaration, on June 6, 2003.[2] in which they stated that "major trading partners are still moved byprotectionist concerns in their countries’ less competitive sectors [...] and emphasized how important it is that the results of the current round of trade negotiations provide especially for the reversal of protectionist policies and trade-distorting practices [...] Furthermore,Brazil,India andSouth Africa decided to articulate their initiatives of tradeliberalization".

Nonetheless, the "official" appearance of the group occurred as a response to a text released on 13 August 2003 by theEuropean Communities (EC) and theUnited States with a common proposal on agriculture for theCancún Ministerial. On 20 August 2003 a document signed by twenty countries and re-issued as a Cancún Ministerial document on 4 September proposed an alternative framework to that of the EC and the US on agriculture for the Cancún Meeting. This document marked the establishment of the group. The original group of signatories of the 20 August 2003 document went through many changes, being known as such different names as the G-21 or the G-22. The title G-20 was finally chosen, in honor of the date of the group's establishment.

Since its creation, the group had a fluctuating membership. Previous members include:Colombia; Costa Rica; El Salvador; andTurkey. In December 2017, the group had 23 members.[3]

See also

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References

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  1. ^"G 20". Archived fromthe original on August 25, 2006. RetrievedOctober 12, 2006.
  2. ^IBSA – trilateral, developmental initiative betweenIndia;Brazil andSouth Africa
  3. ^"Groups in the WTO"(PDF).World Trade Organization. 2017-12-18. Retrieved2019-02-09.

External links

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