G15

The Group of 15 (G15) is a forum of developing countries that was established in 1989. It aims to promote cooperation and coordination among its member countries in areas such as trade, investment, finance, and technology transfer. The G15 consists of 18 member countries from Africa, Asia, Latin America, and the Middle East.

The primary goals of the G15 are to enhance the economic growth and social development of its member countries, reduce poverty, and strengthen their position in the global economy. The group seeks to achieve these objectives through policy coordination, sharing of best practices, and joint initiatives.

The G15 holds regular ministerial meetings, where member countries discuss and exchange views on various economic and development issues. It also engages with international organizations, such as the United Nations, World Bank, and International Monetary Fund, to advocate for the interests of developing countries and promote their participation in global decision-making processes.

The G15 focuses on a wide range of topics, including trade liberalization, investment promotion, technology development, agriculture, energy, and climate change. It encourages its members to collaborate on regional integration, infrastructure development, and capacity building to foster sustainable development.

The G15 has been involved in initiatives to address the challenges faced by developing countries, such as debt relief, access to affordable healthcare, and education. It also promotes South-South cooperation, which involves the exchange of resources, knowledge, and technical expertise among developing countries.

The G15 has expanded its engagement beyond its member countries and actively participates in international forums, such as the G20 and the World Trade Organization, to voice the concerns and interests of developing countries. It plays a significant role in shaping global economic policies, advocating for a fair and inclusive international economic order.

In summary, the G15 is a forum of developing countries that aims to enhance economic growth, social development, and the global position of its member countries. It promotes cooperation, policy coordination, and joint initiatives to address common challenges and advocate for the interests of developing countries in international forums.