15th G-15 summit
Encyclopedia
The Fifteenth G15 summit will be held in Colombo
, Sri
in 2012.
The bi-annual summit agenda of the Group of 15
(G-15
) encompasses a range of issues.
The gathering brings together leaders, representatives and policymakers from non-aligned nations. African G-15 nations are Algeria
, Egypt
, Kenya
, Nigeria
, Senegal
, and Zimbabwe
. Those from Asia are India
, Indonesia
, Iran
, Malaysia, and Sri Lanka
. Latin American G-15 nations include Argentina
, Brazil
, Chile
, Jamaica
, Mexico
, Peru
and Venezuela
.
summit in Belgrade
, Yugoslavia
in September 1989. The name of the group is unchanging, but its composition has expanded to 18 countries.
The G-15 is composed of countries from Africa
, Asia
, North America
and South America
. These non-aligned nations joined together to create a forum to foster cooperation and develop information which can be presented to other international groups, such as the World Trade Organization
and the Group of Eight
rich industrialized nations. The G-15 nations have a common goal of enhanced growth and prosperity. The group aims to encourage cooperation among developing countries
in the areas of investment, trade, and technology.
The leaders of G-15 nations are core contributors in summit meetings, but not all of the heads-of-state are expected to attend the Colombo event: - President
and with the G20. The G-15 want to help bridge the gap between developing countries and the more developed and industrialized nations. The fact that some of the G-15 are simultaneously members of these other forums is expected to be helpful. At the Tehran summit of 2010, the President of Sri Lankan emphasized the importance of cooperation with the G8 on all major aspects of development.
G-15 nations have joined together in hopes of escaping from the more polemical atmosphere in other multi-national groups and organizations, such as the Group of 77
(G-77
). For example, the 14th G-15 summit called for reform of Bretton Woods institutions and examining alternate sources of financing for the developing world.
The chairmanship of the G-15 passed to Sri Lanka
at the end of the 14th G-15 summit
.
Colombo
Colombo is the largest city of Sri Lanka. It is located on the west coast of the island and adjacent to Sri Jayawardenapura Kotte, the capital of Sri Lanka. Colombo is often referred to as the capital of the country, since Sri Jayawardenapura Kotte is a satellite city of Colombo...
, Sri
Sri
Sri , also transliterated as Shri or Shree or shre is a word of Sanskrit origin, used in the Indian subcontinent as polite form of address equivalent to the English "Mr." in written and spoken language, or as a title of veneration for deities .-Etymology:Sri has the root meaning of radiance, or...
in 2012.
The bi-annual summit agenda of the Group of 15
Group of 15
The Group of 15 was established at the Ninth Non-Aligned Movement Summit Meeting in Belgrade, Yugoslavia in September 1989.This informal forum was set up to foster cooperation and provide input for other international groups, such as the World Trade Organization and the Group of Eight...
(G-15
Group of 15
The Group of 15 was established at the Ninth Non-Aligned Movement Summit Meeting in Belgrade, Yugoslavia in September 1989.This informal forum was set up to foster cooperation and provide input for other international groups, such as the World Trade Organization and the Group of Eight...
) encompasses a range of issues.
The gathering brings together leaders, representatives and policymakers from non-aligned nations. African G-15 nations are Algeria
Algeria
Algeria , officially the People's Democratic Republic of Algeria , also formally referred to as the Democratic and Popular Republic of Algeria, is a country in the Maghreb region of Northwest Africa with Algiers as its capital.In terms of land area, it is the largest country in Africa and the Arab...
, Egypt
Egypt
Egypt , officially the Arab Republic of Egypt, Arabic: , is a country mainly in North Africa, with the Sinai Peninsula forming a land bridge in Southwest Asia. Egypt is thus a transcontinental country, and a major power in Africa, the Mediterranean Basin, the Middle East and the Muslim world...
, Kenya
Kenya
Kenya , officially known as the Republic of Kenya, is a country in East Africa that lies on the equator, with the Indian Ocean to its south-east...
, Nigeria
Nigeria
Nigeria , officially the Federal Republic of Nigeria, is a federal constitutional republic comprising 36 states and its Federal Capital Territory, Abuja. The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east, and Niger in...
, Senegal
Senegal
Senegal , officially the Republic of Senegal , is a country in western Africa. It owes its name to the Sénégal River that borders it to the east and north...
, and Zimbabwe
Zimbabwe
Zimbabwe is a landlocked country located in the southern part of the African continent, between the Zambezi and Limpopo rivers. It is bordered by South Africa to the south, Botswana to the southwest, Zambia and a tip of Namibia to the northwest and Mozambique to the east. Zimbabwe has three...
. Those from Asia are India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
, Indonesia
Indonesia
Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...
, Iran
Iran
Iran , officially the Islamic Republic of Iran , is a country in Southern and Western Asia. The name "Iran" has been in use natively since the Sassanian era and came into use internationally in 1935, before which the country was known to the Western world as Persia...
, Malaysia, and Sri Lanka
Sri Lanka
Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka is a country off the southern coast of the Indian subcontinent. Known until 1972 as Ceylon , Sri Lanka is an island surrounded by the Indian Ocean, the Gulf of Mannar and the Palk Strait, and lies in the vicinity of India and the...
. Latin American G-15 nations include Argentina
Argentina
Argentina , officially the Argentine Republic , is the second largest country in South America by land area, after Brazil. It is constituted as a federation of 23 provinces and an autonomous city, Buenos Aires...
, Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...
, Chile
Chile
Chile ,officially the Republic of Chile , is a country in South America occupying a long, narrow coastal strip between the Andes mountains to the east and the Pacific Ocean to the west. It borders Peru to the north, Bolivia to the northeast, Argentina to the east, and the Drake Passage in the far...
, Jamaica
Jamaica
Jamaica is an island nation of the Greater Antilles, in length, up to in width and 10,990 square kilometres in area. It is situated in the Caribbean Sea, about south of Cuba, and west of Hispaniola, the island harbouring the nation-states Haiti and the Dominican Republic...
, Mexico
Mexico
The United Mexican States , commonly known as Mexico , is a federal constitutional republic in North America. It is bordered on the north by the United States; on the south and west by the Pacific Ocean; on the southeast by Guatemala, Belize, and the Caribbean Sea; and on the east by the Gulf of...
, Peru
Peru
Peru , officially the Republic of Peru , is a country in western South America. It is bordered on the north by Ecuador and Colombia, on the east by Brazil, on the southeast by Bolivia, on the south by Chile, and on the west by the Pacific Ocean....
and Venezuela
Venezuela
Venezuela , officially called the Bolivarian Republic of Venezuela , is a tropical country on the northern coast of South America. It borders Colombia to the west, Guyana to the east, and Brazil to the south...
.
Overview
The Group of 15 was established at the Ninth Non-Aligned MovementNon-Aligned Movement
The Non-Aligned Movement is a group of states considering themselves not aligned formally with or against any major power bloc. As of 2011, the movement had 120 members and 17 observer countries...
summit in Belgrade
Belgrade
Belgrade is the capital and largest city of Serbia. It is located at the confluence of the Sava and Danube rivers, where the Pannonian Plain meets the Balkans. According to official results of Census 2011, the city has a population of 1,639,121. It is one of the 15 largest cities in Europe...
, Yugoslavia
Socialist Federal Republic of Yugoslavia
The Socialist Federal Republic of Yugoslavia was the Yugoslav state that existed from the abolition of the Yugoslav monarchy until it was dissolved in 1992 amid the Yugoslav Wars. It was a socialist state and a federation made up of six socialist republics: Bosnia and Herzegovina, Croatia,...
in September 1989. The name of the group is unchanging, but its composition has expanded to 18 countries.
The G-15 is composed of countries from Africa
Africa
Africa is the world's second largest and second most populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area...
, Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...
, North America
North America
North America is a continent wholly within the Northern Hemisphere and almost wholly within the Western Hemisphere. It is also considered a northern subcontinent of the Americas...
and South America
South America
South America is a continent situated in the Western Hemisphere, mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere. The continent is also considered a subcontinent of the Americas. It is bordered on the west by the Pacific Ocean and on the north and east...
. These non-aligned nations joined together to create a forum to foster cooperation and develop information which can be presented to other international groups, such as the World Trade Organization
World Trade Organization
The World Trade Organization is an organization that intends to supervise and liberalize international trade. The organization officially commenced on January 1, 1995 under the Marrakech Agreement, replacing the General Agreement on Tariffs and Trade , which commenced in 1948...
and the Group of Eight
G8
The Group of Eight is a forum, created by France in 1975, for the governments of seven major economies: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. In 1997, the group added Russia, thus becoming the G8...
rich industrialized nations. The G-15 nations have a common goal of enhanced growth and prosperity. The group aims to encourage cooperation among developing countries
Developing country
A developing country, also known as a less-developed country, is a nation with a low level of material well-being. Since no single definition of the term developing country is recognized internationally, the levels of development may vary widely within so-called developing countries...
in the areas of investment, trade, and technology.
Leaders at the summit
Those nations expected to be represented at the summit are Algeria, Argentina, Brazil, Chile, Egypt, India, Indonesia, Iran, Jamaica, Kenya, Malaysia, Mexico, Nigeria, Peru, Senegal, Sri Lanka, Venezuela, and Zimbabwe. The G-15 membership has expanded to 18 countries, but the name has remained unchanged.The leaders of G-15 nations are core contributors in summit meetings, but not all of the heads-of-state are expected to attend the Colombo event: - President
President of Sri Lanka
The President of Democratic Socialist Republic of Sri Lanka is the elected head of state and the head of government. The President is a dominant political figure in Sri Lanka. The office was created in 1978 but has grown so powerful there have been calls to restrict or even eliminate its power...
Priorities
The G-15 nations perceive an on-going need to expand dialogue with the G8G8
The Group of Eight is a forum, created by France in 1975, for the governments of seven major economies: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. In 1997, the group added Russia, thus becoming the G8...
and with the G20. The G-15 want to help bridge the gap between developing countries and the more developed and industrialized nations. The fact that some of the G-15 are simultaneously members of these other forums is expected to be helpful. At the Tehran summit of 2010, the President of Sri Lankan emphasized the importance of cooperation with the G8 on all major aspects of development.
Issues
G-15 nations are united by shared perceptions of global economic issues; and the G-15 provides a structure for working out common strategies for dealing with these issues. For example, the G-15 opposes using the international economic and financial systems as political instruments.G-15 nations have joined together in hopes of escaping from the more polemical atmosphere in other multi-national groups and organizations, such as the Group of 77
Group of 77
The Group of 77 at the United Nations is a loose coalition of developing nations, designed to promote its members' collective economic interests and create an enhanced joint negotiating capacity in the United Nations. There were 77 founding members of the organization, but the organization has...
(G-77
Group of 77
The Group of 77 at the United Nations is a loose coalition of developing nations, designed to promote its members' collective economic interests and create an enhanced joint negotiating capacity in the United Nations. There were 77 founding members of the organization, but the organization has...
). For example, the 14th G-15 summit called for reform of Bretton Woods institutions and examining alternate sources of financing for the developing world.
Schedule and Agenda
The summit provides an opportunity to focus on the importance of cooperation in facing the current challenges of food, energy, climate change, health and trade.The chairmanship of the G-15 passed to Sri Lanka
Sri Lanka
Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka is a country off the southern coast of the Indian subcontinent. Known until 1972 as Ceylon , Sri Lanka is an island surrounded by the Indian Ocean, the Gulf of Mannar and the Palk Strait, and lies in the vicinity of India and the...
at the end of the 14th G-15 summit
14th G-15 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 encompassed a range of issues....
.