G-77: A Comprehensive Overview of Its Legal Definition and Impact

Q: How many countries are currently in the G-77?

As of now, the G-77 has 135 member countries.

Q: Can individuals join the G-77?

No, the G-77 is a coalition of nations, and individual membership is not applicable.

Q: What type of issues does the G-77 address?

The G-77 addresses various issues, including trade policies, economic development, and technical cooperation among developing nations.

Definition & Meaning

The Group of 77 (G-77) is a coalition of developing countries formed in 1964. Initially, it included seventy-seven nations that signed the "Joint Declaration of the Seventy-Seven Countries" during the United Nations Conference on Trade and Development (UNCTAD) in Geneva. The G-77 serves as a platform for these nations to articulate their collective economic interests and enhance their negotiating power on various international economic issues within the United Nations framework. Although the group has expanded to include 135 member countries, it retains its original name due to its historical significance.

Table of content

Legal Use & context

The G-77 is primarily relevant in international law and trade discussions. It plays a crucial role in negotiations concerning economic development, trade policies, and technical cooperation among developing nations. Legal practitioners may encounter the G-77 in contexts involving international treaties, trade agreements, and economic partnerships. Users can manage related legal documents and agreements through resources like US Legal Forms, which offers templates prepared by experienced attorneys.

Key legal elements

Real-world examples

Here are a couple of examples of abatement:

One example of the G-77's influence is its role in the United Nations Framework Convention on Climate Change (UNFCCC), where it advocates for the interests of developing nations in climate negotiations. Another example is the G-77's involvement in discussions about global trade policies that affect developing economies (hypothetical example).

Comparison with related terms

Term	Definition	Difference
G-77	A coalition of developing countries advocating for economic interests.	Focuses specifically on developing nations' needs.
Group of 20 (G-20)	An international forum for governments and central bank governors from 19 countries and the EU.	Includes both developed and developing countries, focusing on broader economic issues.

Common misunderstandings

What to do if this term applies to you

If you are involved in international trade or negotiations that may be influenced by the G-77, consider researching its positions on relevant issues. Utilizing resources like US Legal Forms can help you access templates for agreements or documents related to international trade. If your situation is complex, seeking professional legal assistance may be advisable.

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Quick facts

Attribute	Details
Formation Year	1964
Original Members	77
Current Members	135
Primary Focus	Economic interests of developing countries

Key takeaways

Frequently asked questions

What is the purpose of the G-77?

The G-77 aims to promote the economic interests of developing countries and enhance their negotiating power in international forums.