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The Group of 15 (G15) The Group of 15 (G15) was set up at the Ninth Non-Aligned Summit Meeting in Belgrade, Yugoslavia in September 1989. It consists of a group of 17 developing countries from Latin America, Africa, and Asia with an aim to enhance growth and prosperity. The G15 was established to foster cooperation and provide input for other international groups such as the World Trade Organization and the Group of Seven rich industrialized nations. The Group of 15 focuses on cooperation among developing countries in the areas of investment, trade and technology. The members of G15 are Algeria, Indonesia, Peru, Argentina, Jamaica, Senegal, Brazil, Kenya, Sri Lanka, Chile, Nigeria, Venezuela, Egypt, Malaysia, Zimbabwe, India, and Mexico. The membership of the G15 has expanded to 17 countries, but the name still remained unchanged. Leaders from developing countries held a meeting to put the finishing touches on proposals to ease...

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