Group of 15
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The Group of 15 (G-15) was established at the Ninth Non-Aligned Summit Meeting in Belgrade, Yugoslavia in September 1989. It was set up to foster cooperation and provide input for other international groups, such as the World Trade Organization and the Group of Eight rich industrialized nations. It is composed of countries from Latin America, Africa, and Asia with a common goal of enhanced growth and prosperity. The G15 focuses on cooperation among developing countries in the areas of investment, trade, and technology. The membership of the G15 has expanded to 18 countries, but the name has remained unchanged. They are: Algeria, Argentina, Brazil, Chile, Egypt, India, Indonesia, Iran, Jamaica, Kenya, Nigeria, Malaysia, Mexico, Peru, Senegal, Sri Lanka, Venezuela and Zimbabwe.
Iran accepted G-15's presidency in 2006 Non-Aligned Summit Meeting in Havana.
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