Group of 15 explained

Group of 15
Map:G15 Nations 01.png
Msize:280px
Mcaption:Members of G-15
Formation:September 1989
1990 (Summit)
Purpose:Act as a catalyst for greater cooperation between leading developing countries.[1]
Location:Geneva, Switzerland
Leader Title:G-15 Chair
Website:www.g15.org

The Group of 15 (G-15)[2] 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]

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 Economic Outlook database (2012)[7]

RegionMemberLeaderForeign ministerPopulationGDP (PPP, billion USD)GDP per capita (PPP, USD)
Africa AlgeriaPresidentAbdelmadjid TebbouneMinister of Foreign AffairsRamtane Lamamra45,295,169263.77,333
EgyptPresidentAbdel Fattah el-SisiMinister of Foreign AffairsSameh Shoukry111,929,759519.06,539.8
KenyaPresidentUhuru KenyattaMinister of Foreign AffairsRaychelle Omamo54,606,49371.41,746
NigeriaPresidentMuhammadu BuhariMinister of Foreign AffairsGeoffrey Onyeama221,405,5751109 6,204
SenegalPresidentMacky SallMinister of Foreign AffairsAïssata Tall Sall17,557,53125.21,871
PresidentEmmerson MnangagwaMinister of Foreign AffairsFrederick Shava16,505,4736.1487
AsiaPrime Minister of IndiaNarendra ModiMinistry of External AffairsSubrahmanyam Jaishankar1,422,652,96810257.87333
IndonesiaPresidentJoko WidodoMinister of Foreign AffairsRetno Marsudi276,495,9761124.610,585.4
PresidentMohammad MokhberMinister of Foreign AffairsTo be decided88,875,750990.213,053
MalaysiaPrime MinisterAnwar IbrahimMinister of Foreign AffairsZambry Abdul Kadir34,124,881447.315,568
Sri LankaPresidentRanil WickramasingheMinister of External AffairsAli Subry21,867,876116.55,674
Latin America and the Caribbean ArgentinaPresidentAlberto FernándezMinistry of Foreign Affairs, International Trade and WorshipSantiago Cafiero45,643,940816.417,516
BrazilPresidentLuiz Inácio Lula da SilvaMinister of Foreign AffairsMauro Vieira215,861,2603294.211,769
ChilePresidentGabriel BoricMinister of Foreign AffairsAlberto van Klaveren19,616,738299.617,222
JamaicaPrime MinisterAndrew HolnessMinister of Foreign Affairs and Foreign Trade2,825,54424.89,029
MexicoPresidentSecretary of Foreign AffairsMarcelo Ebrard128,028,6122999.614,610
PresidentNicolás MaduroMinister of Foreign AffairsJorge Arreaza28,582,898374.112,568

G-15 Summits

Date Host country Host cityHost
1st G-15 summit1–3 June 1990 Mahathir Mohamad
2nd G-15 summit27–29 November 1991 Carlos Andrés Pérez
3rd G-15 summit21–23 November 1992 Abdou Diouf
4th G-15 summit1994 IndiaNew DelhiP. V. Narasimha Rao
5th G-15 summit5–7 November 1995 Carlos Menem
6th G-15 summit3–5 November 1996 Robert Mugabe
7th G-15 summit28 October – 5 November 1997
8th G-15 summit11–13 May 1998 Hosni Mubarak
10–12 February 1999 P. J. Patterson
10th G-15 summit19–20 June 2000 Hosni Mubarak
11th G-15 summit30–31 May 2001 Abdurrahman Wahid
27–28 February 2004 Hugo Chávez
14 September 2006 Raúl Castro
17 May 2010 Mahmoud Ahmadinejad
2012 Mahinda Rajapaksa

See also

Further reading

External links

Notes and References

  1. http://www.g15.org/gfaims.html "Aims and Objectives"
  2. The official website adopts the "G-15" orthography (with a hyphen) in order to distinguish an abbreviated reference to this group -- contrasts with other similarly named entities.
  3. http://www.g15.org/gfmembers.html G15 members
  4. http://www.g15.org/gfaims.html "Aims and Objectives"
  5. Web site: About the G-15 . 2010-06-08 . https://web.archive.org/web/20100429074623/http://www.g15.org/gffunctions.html . 2010-04-29 . dead .
  6. Prematillake, Tharindu. "Lanka Heads Powerful G-15 Serving Collective Interests" . The Nation (Colombo). May 22, 2010.
  7. Web site: World Economic Outlook Database, April 2012. IMF.