By Ramesh Jaura
GENEVA | NEW YORK (IDN) – The Group of 77, comprising 134 developing and newly industrialized countries, has set itself six priorities for 2018 during the presidency of Sameh Hassan Shoukry, the Minister of Foreign Affairs of Egypt. These are closely related to the eradication of poverty in all its forms and dimensions, which poses "the quintessential challenge".
Shoukry, the Minister of Foreign Affairs of Egypt, has taken over the presidency of the Group – the single largest intergovernmental organization in the United Nations – from his counterpart from Ecuador.
The Group was established on June 15, 1964 by the 'Joint Declaration of the Seventy-Seven Developing Countries' issued at the end of the first session of the United Nations Conference on Trade and Development (UNCTAD) in Geneva.