Uganda has assumed chairmanship of the Group of 77 + China from Cuba, which held the mantle for the past one year.
G-77+ China started as a group of 77 developing countries that came together and signed a joint declaration of the first session of the United Nations Conference on Trade and Development (UNCTAD) in Geneva in 1964, with a main aim of promoting economic cooperation among its member states and to collectively address issues related to development, trade, and international financial institutions.
These, who have since grown to 134 members, have from 1994 received both political and financial support from China- who does not consider herself a Group member. Read more
