G20 Developing Nations: Trade negotiations bloc of 20+ developing nations

The G20 (Group of 20, also variously G21, G22 and G20+) is a bloc of developing nations established on 20 August 2003.

Distinct and separate from the G-20 major economies, the group emerged at the 5th Ministerial WTO conference, held in Cancún, Mexico, from 10 September to 14 September 2003. The G-20 accounts for 60% of the world's population, 70% of its farmers and 26% of world’s agricultural exports. In 2008 the group had 23 members.

References

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CancúnDeveloping countryG-20 major economiesMexicoPower blocWTO

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