Formation | September 1989 1990 (Summit) |
---|---|
Purpose | Act as a catalyst for greater cooperation between leading developing countries. [2] |
Location | |
Membership | |
G-15 Chair | 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]
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]
World Economic Outlook database (2012) [7]
The Group of Seven (G7) is an intergovernmental political and economic forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States; additionally, the European Union (EU) is a "non-enumerated member". It is organized around shared values of pluralism, liberal democracy, and representative government. G7 members are major IMF advanced economies.
The G20 or Group of 20 is an intergovernmental forum comprising 19 sovereign countries, the European Union (EU), and the African Union (AU). It works to address major issues related to the global economy, such as international financial stability, climate change mitigation and sustainable development.
The D-8 Organization for Economic Cooperation, also known as Developing-8, is an organisation for development co-operation among Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey.
The 1st G6 summit took place on 15–17 November 1975, in Rambouillet, France. The venue for the summit meetings was the Château de Rambouillet near Paris.
The 2nd G7 Summit, also called Rambouillet II, was held at Dorado, Puerto Rico, between June 27 and 28, 1976. The venue for the summit meetings was the Dorado Beach Hotel, now Dorado Beach Resort, which is near San Juan, Puerto Rico.
The 14th G7 Summit was held in Toronto, Ontario, Canada between June 19 and 21, 1988. The venue for the summit meetings was the Metro Toronto Convention Centre in Downtown Toronto.
The 12th G7 Summit was held in Tokyo, Japan between May 4 and May 6, 1986. The venue for the summit meetings was the State Guesthouse in Tokyo, Japan.
The 11th G7 Summit was held in Bonn, West Germany between May 2 and May 4, 1985. The venue for the summit meeting was at the former official residence of the Chancellor of the Federal Republic of Germany in Bonn, the Palais Schaumburg.
The 10th G7 Summit was held in London, England, United Kingdom from 7 to 9 June 1984. The venue for the summit meetings was Lancaster House in London.
The 17th G7 Summit was held in England between 15 and 17 July 1991. The venue for the summit meetings was Lancaster House in London.
The 18th G7 Summit was held in Munich, Germany between 6 and 8 July 1992. The venue for the summit meetings was at the Residenz palace in central Munich.
The 19th G7 Summit was held in Tokyo, Japan, on July 7–9, 1993. The venue for the summit meetings was the State Guesthouse in Tokyo, Japan.
The 20th G7 Summit was held in Naples, Italy, on 8–10 July 1994. The venue for the summit meetings was the former Royal Palace in Naples.
The 2009 G20 London Summit was the second meeting of the G20 heads of government/heads of state, held in London at the ExCeL Exhibition Centre to discuss financial markets and the world economy. Heads of government or heads of state from the G20 attended, with some regional and international organisations also represented. Due to the extended membership, it has been referred to as the London Summit.
The Fourteenth G-15 summit was held in Tehran, Iran on May 17–20, 2010. The bi-annual summit agenda of the Group of 15 (G-15) encompassed a range of issues.
The Fifteenth G15 summit was held in Colombo, Sri Lanka in 2012.
The Thirteenth G-15 summit was held in Havana, Cuba on September 14, 2006. The group's meeting was coordinated to take place at the same time as a non-aligned summit of 116 developing nations in the Cuban capital.
The Twelfth G-15 summit was held in Caracas, Venezuela on February 27–28, 2004.
The 2011 G20 Cannes Summit was the sixth meeting of the G20 heads of government/heads of state, held in Cannes, France, in a series of on-going discussions about financial markets and the world economy.
The 9th G-15 summit was held at Montego Bay in Jamaica on 10–12 February 1999.