Group of 15

Last updated
Group of 15
FormationSeptember 1989
1990 (Summit)
PurposeAct as a catalyst for greater cooperation between leading developing countries. [2]
Location
Membership
G-15 Chair
Flag of Iran.svg  IRN
Website www.g15.org

The Group of 15 (G-15) [1] is an informal forum set up to foster cooperation and provide input for other international groups, such as the World Trade Organization (WTO) and the Group of Seven. It was established at the Ninth Non-Aligned Movement Summit Meeting in Belgrade, Yugoslavia, in September 1989, and is composed of countries from Latin America, Africa, and Asia with a common goal of enhanced growth and prosperity. The G-15 focuses on cooperation among developing countries in the areas of investment, trade, and technology. Chile, Iran and Kenya have since joined the Group of 15, whereas Yugoslavia is no longer part of the group, and Peru, a founding member-state, decided to leave the G-15 in 2011. Membership thus has since expanded to 17 countries, but the forum's name remains unchanged. [3]

Contents

Structure and activities

Some of the objectives of the G-15 are:

By design, the G-15 has avoided establishing an administrative structure like those for international organizations, such as the United Nations or the World Bank; but the G-15 does have a Technical Support Facility (TSF) located in Geneva. The TSF functions under the direction of the Chairman for the current year. The TSF provides necessary support for the activities of the G-15 and for its objectives. [5] Other organs and functions of the G-15 include:

In addition, the Federation of Chambers of Commerce, Industry and Services (FCCIS) is a private sector forum of G-15 member countries. The purpose of the FCCIS is to coordinate and maximize efforts which promote business, economic development and joint investment in G-15 nations. [5]

In 2010, the chairmanship of the G-15 was accepted by Sri Lanka at the conclusion of the 14th G-15 summit in Tehran. [6]

Member countries and organizations

World Bank (2023) [7]

RegionMemberLeaderForeign ministerPopulationGDP (PPP, billion USD)GDP per capita (PPP, USD)
Africa Flag of Algeria.svg  Algeria President Abdelmadjid Tebboune Minister of Foreign Affairs Ramtane Lamamra 45,295,169263.77,333
Flag of Egypt.svg  Egypt President Abdel Fattah el-Sisi Minister of Foreign Affairs Sameh Shoukry 111,929,759519.06,539.8
Flag of Kenya.svg  Kenya President William Ruto Minister of Foreign Affairs Musalia Mudavadi 57,092,313107.41,949.90
Flag of Nigeria.svg  Nigeria President Bola Tinubu Minister of Foreign Affairs Yusuf Tuggar 235,598,090362.81,621.12
Flag of Senegal.svg  Senegal President Bassirou Diomaye Faye Minister of Foreign Affairs Yassine Fall 18,759,35831.011,745.97
Flag of Zimbabwe.svg  Zimbabwe President Emmerson Mnangagwa Minister of Foreign Affairs Frederick Shava 16,505,47326.541,592.42
Asia Flag of India.svg  India Prime Minister of India Narendra Modi Ministry of External Affairs Subrahmanyam Jaishankar 1,422,652,96810257.87333
Flag of Indonesia.svg  Indonesia President Prabowo Subianto Minister of Foreign Affairs Sugiono 276,495,9761124.610,585.4
Flag of Iran.svg  Iran President Masoud Pezeshkian Minister of Foreign Affairs Abbas Araghchi 88,875,750990.213,053
Flag of Malaysia.svg  Malaysia Prime Minister Anwar Ibrahim Minister of Foreign Affairs Zambry Abdul Kadir 34,124,881447.315,568
Flag of Sri Lanka.svg  Sri Lanka President Ranil Wickramasinghe Minister of External Affairs Ali Subry 21,867,876116.55,674
Latin America and the Caribbean Flag of Argentina.svg  Argentina President Alberto Fernández Ministry of Foreign Affairs, International Trade and Worship Santiago Cafiero 45,643,940816.417,516
Flag of Brazil.svg  Brazil President Luiz Inácio Lula da Silva Minister of Foreign Affairs Mauro Vieira 215,861,2603294.211,769
Flag of Chile.svg  Chile President Gabriel Boric Minister of Foreign Affairs Alberto van Klaveren 19,616,738299.617,222
Flag of Jamaica.svg  Jamaica Prime Minister Andrew Holness Minister of Foreign Affairs and Foreign Trade Kamina Johnson-Smith 2,825,54424.89,029
Flag of Mexico.svg  Mexico President Andrés Manuel López Obrador Secretary of Foreign Affairs Marcelo Ebrard 128,028,6122999.614,610
Flag of Venezuela.svg  Venezuela President Nicolás Maduro Minister of Foreign Affairs Jorge Arreaza 28,582,898374.112,568

G-15 Summits

DateHost countryHost cityHost
1st G-15 summit 1–3 June 1990 Malaysia Kuala Lumpur Mahathir Mohamad
2nd G-15 summit 27–29 November 1991 Venezuela Caracas Carlos Andrés Pérez
3rd G-15 summit 21–23 November 1992 Senegal Dakar Abdou Diouf
4th G-15 summit 1994 India New Delhi P. V. Narasimha Rao
5th G-15 summit 5–7 November 1995 Argentina Buenos Aires Carlos Menem
6th G-15 summit 3–5 November 1996 Zimbabwe Harare Robert Mugabe
7th G-15 summit 28 October – 5 November 1997 Malaysia Kuala Lumpur Mahathir Mohamad
8th G-15 summit 11–13 May 1998 Egypt Cairo Hosni Mubarak
9th G-15 summit 10–12 February 1999 Jamaica Montego Bay P. J. Patterson
10th G-15 summit 19–20 June 2000 Egypt Cairo Hosni Mubarak
11th G-15 summit 30–31 May 2001 Indonesia Jakarta Abdurrahman Wahid
12th G-15 summit 27–28 February 2004 Venezuela Caracas Hugo Chávez
13th G-15 summit 14 September 2006 Cuba Havana Raúl Castro
14th G-15 summit 15-17 May 2010 Iran Tehran Mahmoud Ahmadinejad
15th G-15 summit 2012 Sri Lanka Colombo Mahinda Rajapaksa

See also

References

  1. 1 2 The official website Archived 2017-09-12 at the Wayback Machine adopts the "G-15" orthography (with a hyphen) in order to distinguish an abbreviated reference to this group -- contrasts with other similarly named entities.
  2. "Aims and Objectives" Archived 2010-04-29 at the Wayback Machine , G-15 website
  3. G15 members Archived 2012-04-24 at the Wayback Machine
  4. "Aims and Objectives" Archived 2010-04-29 at the Wayback Machine G-15 website
  5. 1 2 3 4 5 6 "About the G-15". Archived from the original on 2010-04-29. Retrieved 2010-06-08.
  6. Prematillake, Tharindu. "Lanka Heads Powerful G-15 Serving Collective Interests" Archived 2010-05-28 at the Wayback Machine . The Nation (Colombo). May 22, 2010.
  7. "World Economic Outlook Database, April 2012". IMF.

Further reading