With Yemen’s participation77 Group’s Second Summit wraps up [Archives:2005/851/Front Page]

Yasser Mohammed Al-Mayyasi
Doha- June 16- Activities of the 77 Group' Second Summit are concluding today with Yemen participating in the event. Yemen's delegation was headed by HE President Ali Abdullah Saleh.

The summit comes in the shadow of significant international changes and various challenges requiring an exchange of views and opinions between the countries concerned.

The summit aims to hold deliberation on interests of the economic countries and establish a fair relationship between the 77 Group countries and the World Trade Organization (WTO).

The summit has been expected to come out with some reforms suggested for serving the United Nations and granting the developing countries the WTO's membership.

The 77 Group was founded on June 15 1964 including the developing countries that signed the shared statement of the pact issued at the first session of UN conference on trade and development in Geneva on the same day.

Although the number of the group members rose to 132, it is still being named the 77 Group Countries due to its historical significance.

The coalition of member countries in the 77 Group has the intention to help the third world countries to develop their economic interests and improve their shared negotiatablity on important economic subjects.

The 77 Group exerts precious efforts to develop economic and technical cooperation between the developing countries.

The summit appeared to be somehow dominated by the countries that publicly express their interests and demands, particularly in the economic areas.

The 77 Group members believe that the economic recovery and eradicating poverty and terror can not be achieved unless there is a comprehensive development in the poorest countries.
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