Question

Why did most developing countries organize themselves into the Group of 77 during 1960s ?

Answer 1

G 77 or the Group of 77, nowadays, is an alliance of 134 countries at the platform of United Nations. The countries tend to be developing; therefore they have allied to utilize the forum of United Nations to safeguard their common economic interests and strengthen their negotiating capability jointly.

In 1964, there were 77 founding members of this alliance because of whom the alliance was named as the Group of 77.