Answer By law4u team
The Group of 77 (G77) is a coalition of developing countries established in 1964 to promote collective economic interests and enhance their negotiating power within the United Nations and other international forums. Despite the name, the group has expanded to include over 130 member countries. The G77 aims to foster South-South cooperation and advocate for fairer global economic governance to support sustainable development and poverty alleviation. India, as a founding member and a leading developing nation, has played a vital role in supporting the G77’s mission through active diplomacy and development cooperation.
What is the G77?
Formation and Purpose
Founded during the UN Conference on Trade and Development (UNCTAD) in 1964, the G77 was created to provide a unified voice for developing countries in international negotiations, especially on trade, economic development, and financial matters.
Membership and Influence
Although initially 77 countries, the G77 now includes over 130 developing nations from Africa, Asia, Latin America, and the Caribbean, representing a significant portion of the global population and resources.
Core Objectives
The group focuses on promoting economic cooperation, technology transfer, sustainable development, and reform of the international economic system to benefit developing countries.
India’s Contribution to the G77
Founding and Leadership
India was one of the founding members of the G77 and has been actively involved in shaping its agenda, advocating for the rights and development priorities of the Global South.
Diplomatic Engagement
India has consistently supported the G77 in multilateral forums such as the United Nations General Assembly and the WTO, promoting South-South cooperation and equitable development.
Economic Cooperation Initiatives
Through bilateral and regional partnerships, India has fostered trade, technology exchange, and capacity-building programs with other G77 countries.
Development Assistance
India provides development aid, technical training, and capacity-building support to many G77 members, helping them enhance infrastructure, health, education, and governance.
Advocacy for Reform
India champions reforms in global institutions like the IMF and World Bank to better represent developing countries' interests.
Example
Scenario: During a UN General Assembly session, developing countries, led by the G77, push for greater financial aid and technology transfer to combat climate change.
Steps Taken:
India, representing the G77, advocates for increased funding for climate adaptation in vulnerable countries.
It proposes South-South collaboration projects to share renewable energy technologies.
India supports capacity-building workshops for G77 members to enhance climate resilience.
Collaborative negotiations lead to a consensus on improved international support for sustainable development.
This example shows India’s proactive role within the G77 to advance collective development goals and strengthen the voice of the Global South on the international stage.