The G 20 was created on August 20, 2003, in preparation for the V Ministerial Conference of the World Trade Organization (WTO). It is a group composed of developing countries, whose main objective is the elaboration of projects for agricultural economic activity, the main theme of the Doha Development Agenda.
It is important to mention the existence of another group called the G 20, which brings together developed and developing countries to discuss economics. It is called the financial G20, unlike this group that is made up only of developing countries, whose main theme is agriculture.
The G 20 currently has 23 member countries from different continents, they are: 5 countries in Africa (South Africa, Egypt, Nigeria, Tanzania and Zimbabwe), 6 in Asia (China, Philippines, India, Indonesia, Pakistan and Thailand) and 12 from Latin America (Argentina, Bolivia, Brazil, Chile, Cuba, Ecuador, Guatemala, Mexico, Paraguay, Peru, Uruguay and Venezuela).
The group was created to address the interests in agriculture, which are common to most countries in development, with regard to the elimination of practices that distort trade and production. agricultural; the search for substantial increase in market access; and rural development, food security and livelihood needs of farmers in these countries.
The G20 holds several meetings between representatives of each nation, where the central theme is the negotiations on agriculture. This group has established itself as an essential and recognized interlocutor in agricultural negotiations. The main reasons that make this group so important are: the participation of its members in the production and consumption of agricultural products; its population is approximately 60% of the world population; it has about 70% of the world's rural population; it accounts for over 26% of world agricultural exports.
The union of these countries strengthens the work in search of economic development, providing greater interaction between the group and other WTO organizations.
Seeking to build a fairer agricultural multilateral trading system, the G20 seeks to fully integrate agriculture into a multilateral trading system fair and based on rules, and reconciling divergent agricultural interests among the member countries of the group itself, always seeking fair negotiations in which everyone is beneficiaries.
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By Wagner de Cerqueira and Francisco
Graduated in Geography
Brazil School Team
Economic blocks - geography - Brazil School
Would you like to reference this text in a school or academic work? Look:
FRANCISCO, Wagner de Cerqueira e. "G 20 Developing Countries"; Brazil School. Available in: https://brasilescola.uol.com.br/geografia/g-20-paises-desenvolvimento.htm. Accessed on June 28, 2021.
