G20+

The G20 developing nations, also called G21/G23/G20+ is a bloc of developing nations which was established on August 20, 2003. It is distinct from the G20 major economies. The G20+ originated at the 5th ministerial conference of the WTO held at Cancun, Mexico in September 2003. Its origins can be traced to the Brasilia Declaration signed by the foreign ministers of India, Brazil and South Africa on 6th June 2003. The declaration stated that the major economies were still practicing protectionist policies especially in sectors they were less competitive in and that it was important to see to it that the trade negotiations that took place provide for the reversal of those policies. The G20+ accounts for 60% of the world population, 26% of the world’s agricultural exports and 70% of its farmers.

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