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.
GROUP OF FIFTEEN