The G90, otherwise known as the Group of 90, is an alliance between the poorest and smallest developing countries, many of whom are part of the World Trade Organization (WTO). The G90 emerged as a strong grouping at the WTO’s Ministerial conference at Cancun in September 2003, taking common positions representing the largest number of countries,[1] with 64 of the 90 countries in the G90 being members of the WTO. It is the largest trading body in the WTO, and it was formed as an umbrella body including the African, Caribbean and Pacific Group (ACP), the African Union, and the group of Least Developed Countries (LDC).
Objectives
The driving force for the formation of the G90 was the lack of economic power faced by poor and small nations to enact resolutions in trade disputes, as envisioned by the WTO. G90 nations, unable to enforce or afford countervailing measures, or compete with the subsidized economies of wealthier nations, formed the trade block in order to ensure a collective voice on issues of importance to landlocked and island economies, less developed countries, and commodity-dependent nations. Primarily, they want preferential domestic subsidies by the European Union and the United States to be removed in order to allow G90 products greater access to foreign markets.[citation needed]
Together with the G20 and the G33, the G90 aims to counterbalance the power of the United States and European economies in directing global trade, particularly with respect to negotiations over agricultural goods, upon which most of the G90 economies depend.[citation needed]
G90 Membership
- African Union/Group
- African, Caribbean and Pacific Group
- Least-Developed Countries: Angola, Bangladesh, Benin, Botswana, Burkina Faso, Burundi, Cambodia, Cameroon, Central African Republic, Chad, Republic of Congo, Côte d'Ivoire, Cuba, Democratic Republic of the Congo, Djibouti, Egypt, Fiji, Gabon, Gambia, Ghana, Guinea (Conakry), Guinea Bissau, Guyana, Haiti, Kenya, Lesotho, Madagascar , Malawi, Maldives, Mali, Mauritania, Mauritius, Morocco, Mozambique, Myanmar, Namibia, Nepal, Niger, Nigeria, Papua New Guinea, Rwanda, Senegal, Sierra Leone, Solomon Islands, South Africa , Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia, Zimbabwe.[2]
See also
- G8
- G20
- G33
- World Trade Organization
References
- ↑ "G90 Poor Countries Make Advances,"
- ↑ ""the G-Guide Groupings in the WTO Agricultural Negotiations,"". http://www.focusweb.org/main/html/Article661.html.
External links
- "Group of 90 developing countries say Singapore issues should be dropped from WTO Agenda," [1]
- "G90 poor nations hold strategy session over WTO trade talks," [2]
South–South cooperation and Third Worldism |
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| Global South | | Development |
- Landlocked developing countries
- Least Developed Countries
- Heavily indebted poor countries
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| Markets |
- Emerging markets
- Newly industrialized country
- Transition economy
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| Worlds theory |
- First World
- Second World
- Third World
- Fourth World
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| Geopolitics |
- Decolonization
- Cold War
- Neocolonialism
- Multipolarity
- World Conference against Racism
- Durban I
- Durban II
- Durban III
- Globalization
| | BRICS |
- Brazil–Russia–India–China–South Africa (BRICS)
BASIC (BRICS less Russia)
- BRIC (BRICS less South Africa)
- India–Brazil–South Africa Dialogue Forum (IBSA)
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| Finance |
- Debt
- Asian Clearing Union
- Asian Infrastructure Investment Bank
- Asian Development Bank
- Arab Monetary Fund
- BancoSur
- Caribbean Development Bank
- Common Fund for Commodities
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Trade and development |
- Developmental state
- Flying geese paradigm
- Infrastructure-based development
- Sustainable development
- Global System of Trade Preferences
- Protocol on Trade Negotiations
- New International Economic Order
- New World Information and Communication Order
- United Nations Conference on Trade and Development
- United Nations Development Programme
- United Nations Industrial Development Organization
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| Public health |
- Generic drugs
- Pharmaceutical patents
- Test data exclusivity
- Doha Declaration
- World Health Organization
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Organizations and groups |
- G-77
- G-15
- D-8
- G20 developing nations (G-20)
- G-24
- G33 developing countries (G-33)
- G-11
- G-90
- Non-Aligned Movement
- African, Caribbean and Pacific Group
- African Union
- Afro–Asian Conference
- Association of Southeast Asian Nations
- Colombo Plan
- Community of Latin American and Caribbean States
- International Solar Alliance
- Melanesian Spearhead Group
- North–South Summit
- Polynesian Leaders Group
- South Atlantic Peace and Cooperation Zone
- South Asian Association for Regional Cooperation
- Small Island Developing States
- South Centre
- Third World Network
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North–South divide |
- Brandt Report
- Global financial system
- International Monetary Fund
- World Bank
- World Trade Organization
- Fair trade
- Financial regulation
- Global digital divide
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 | Original source: https://en.wikipedia.org/wiki/G90. Read more |