explain g-77 countries in 300-350  words

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The G-77 is a group of 77 developing nations of the United Nations who have formed a loose coalition to discuss the matters of common economic concerns and enhance their joint negotiating capacity on all major international economic issues within the United Nations system, and promote South-South cooperation for development. . The body was formed in the year 1964 by the "Joint Declaration of the Seventy-Seven Countries".At present there are 132 members in the organisation.

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 The Group of 77 at the United Nations is a loose coalition of developing nations, designed to promote its members' collective economic interests and create an enhanced joint negotiating capacity in the United Nations. The group was founded on June 15, 1964 by the "Joint Declaration of the Seventy-Seven Countries" issued at the United Nations Conference on Trade and Development (UNCTAD).

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