Group of 15

Group of 15
FormationSeptember 1989
1990 (Summit)
PurposeAct as a catalyst for greater cooperation between leading developing countries.[2]
Location
Membership
G-15 Chair
 IRN
Websitewww.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]

  1. ^ a b 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