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-8): established - October 1975 aim - to facilitate economic cooperation among the developed countries (DCs) that participated in the Conference on International Economic Cooperation (CIEC), held in several sessions between December 1975 and 3 June 1977 members - (8) Canada, France, Germany, Italy, Japan, Russia, UK, US Group of 9 (G-9): established - NA aim - to discuss matters of mutual interest on an informal basis members - (9) Austria, Belgium, Bulgaria, Denmark, Finland, Hungary, Romania, Serbia, Sweden Group of 10 (G-10): note - also known as the Paris Club; includes the wealthiest members of the IMF who provide most of the money to be loaned and act as the informal steering committee; name persists despite increased membership established - October 1962 aim - to coordinate credit policy members - (11) Belgium, Canada, France, Germany, Italy, Japan, Netherlands, Sweden, Switzerland, UK, US observers - (4) BIS, EU, IMF, OECD Group of 11 (G-11): note - also known as the Cartagena Group established in 21-22 June 1984, in Cartagena, Colombia, aim was to provide a forum for largest debtor nations in Latin America; members were: Argentina, Bolivia, Brazil, Chile, Colombia, Dominican Republic, Ecuador, Mexico, Peru, Uruguay, Venezuela Group of 15 (G-15): note - byproduct of the Nonaligned Movement; name persists despite increased membership established - September 1989 aim - to promote economic cooperation among developing nations; to act as the main political organ for the Nonaligned Movement members - (18) Algeria, Argentina, Brazil, Chile, Egypt, India, Indonesia, Iran, Jamaica, Kenya, Malaysia, Mexico, Nigeria, Peru, Senegal, Sri Lanka, Venezuela, Zimbabwe Group of 24 (G-24): established - 1 August 1989 aim - to promote the interests of developing countries in Africa, Asia, and Latin America within the IMF members - (24) Algeria, Argentina, Brazil, Colombia, Democratic Republic of the Congo, Cote d'Ivoire, Egypt, Ethiopia, Gabon, Ghana, Guatemala, India, Iran, Lebanon, Mexico, Nigeria, Pakistan, Peru, Philippines, South Africa, Sri Lanka, Syria, Trinidad and Tobago, Venezuela observers - (1) China Group of 77 (G-77): established - 15 June1964; October 1967 first ministerial meeting aim - to promote economic cooperation among developing countries; name persists in spite of increased membership members - (129 plus the Palestine Liberation Organization) Afgha
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