Cuba assumes presidency of G77
The struggle for a more just world economic order
Cuba assumed the presidency of G77 on January 12, 2023. It is the first time that the Caribbean island nation will preside over the group. Cuba has announced that in its presiding year it will seek: to advance the common interests of countries in development; to support the development of a multilateral world commercial system; to make South-South cooperation a more effective instrument of the countries of the South; and to call upon the industrialized countries to fulfill their responsibilities.
The G77 plus China is formed by 134 of the 193 UN member nations, and it represents approximately 80% of the world population. It is the largest and most diverse grouping of nations seeking to develop a multilateral world order.
The G77 was created in Geneva, Switzerland on June 15, 1964 by 77 non-aligned nations, for the purpose of providing a forum for countries in development to promote their economic interests. India was the first presiding country, serving as its presi…