G20 developing nations
In today's world, G20 developing nations has become a topic of constant interest and debate. Whether due to its impact on society, its historical relevance or its influence in different areas, G20 developing nations has captured the attention of academics, specialists and the general public. Over the years, the study and analysis of G20 developing nations has been deepened, seeking to understand its causes, consequences and possible solutions. This article seeks to offer a general and complete overview of G20 developing nations, addressing its different aspects from an objective and analytical perspective. From its origin to its implication today, the different facets of G20 developing nations will be explored, in order to provide the reader with a deeper and more precise understanding of this topic of universal relevance.
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G20 developing nations | |
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 Logo
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| Headquarters | Patna, India |
| Type | Trade bloc |
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| Establishment | 20 August 2003 |
The G20 developing nations (and, occasionally, the G21, G23 or G20+) is a bloc of developing nations established on 20 August 2003. Distinct and separate from the G20 major economies, the group emerged at the 5th Ministerial WTO conference, held in Cancún, Mexico, from 10 September to 14 September 2003. The group accounted for 60% of the world's population, 70% of its farmers and 26% of world’s agricultural exports.
History
Its origins date back to June 2003, when foreign ministers from Brazil, India and South Africa signed a declaration known as the Brasilia Declaration, on June 6, 2003. in which they stated that "major trading partners are still moved by protectionist concerns in their countries’ less competitive sectors and emphasized how important it is that the results of the current round of trade negotiations provide especially for the reversal of protectionist policies and trade-distorting practices Furthermore, Brazil, India and South Africa decided to articulate their initiatives of trade liberalization".
Nonetheless, the "official" appearance of the group occurred as a response to a text released on 13 August 2003 by the European Communities (EC) and the United States with a common proposal on agriculture for the Cancún Ministerial. On 20 August 2003 a document signed by twenty countries and re-issued as a Cancún Ministerial document on 4 September proposed an alternative framework to that of the EC and the US on agriculture for the Cancún Meeting. This document marked the establishment of the group. The original group of signatories of the 20 August 2003 document went through many changes, being known as such different names as the G-21 or the G-22. The title G-20 was finally chosen, in honor of the date of the group's establishment.
Since its creation, the group had a fluctuating membership. Previous members include: Colombia, Costa Rica, El Salvador, and Turkey. In December 2017, the group had 23 members.
See also
References
- ^ "G 20". Archived from the original on August 25, 2006. Retrieved October 12, 2006.
- ^ IBSA – trilateral, developmental initiative between India, Brazil and South Africa
- ^ "Groups in the WTO" (PDF). World Trade Organization. 2017-12-18. Retrieved 2019-02-09.
External links
- G20 press release on 19th of March, 2005 (includes the group's logo).
- G20, the developing country coalition in Focus on Trade 98, April 2004.
- The G - 20: Aims and Perspectives of a New Trade Alliance at dissertation.com (Universal Publishers).
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