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ABOUT THE G-15


AIMS AND OBJECTIVES 

The G-15 was established in the firm belief of the considerable potential for greater and mutually beneficial cooperation among developing countries, especially in the areas of investment, trade and technology.

By acting as a catalyst for greater South-South cooperation, the G-15 aims at facilitating national efforts for development and economic progress. This cooperation is also expected to lend greater cohesion and credibility to developing countries in their efforts to pursue a more positive and productive North-South dialogue. As such, it is envisaged that the G-15 will both serve as a forum for regular consultations among developing countries with a view to coordinating policies and action of South countries at the global level, and assist in the formulation and implementation of programmes of cooperation.

Some of the objectives of the G-15 are:

• To harness the considerable potential for greater and mutually beneficial cooperation among developing countries.
• To conduct a regular review of the impact of the world situation and of the state of international economic relations on developing countries.
• To serve as a forum for regular consultations among developing countries with a view to coordinating policies and actions.
• To identify and implement new and concrete schemes for South-South cooperation and mobilize wider support for them.
• To pursue a more positive and productive North-South dialogue and to find new ways of dealing with problems in a cooperative, constructive and mutually supportive manner.

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