ng and broadening of trade and
economic relations, and the development and effective use of transport
and communications, highways, and related infrastructure crossing the
boundaries of the member states

members - (4) Azerbaijan, Georgia, Moldova, Ukraine; note - Uzbekistan
withdrew from GUUAM 5 May 2005

General Agreement on Tariffs and Trade (GATT): see the World Trade
Organization (WTO)

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 - (19) Austria, Australia, Belgium, Canada, Denmark, Finland,
France, Germany, Ireland, Italy, Japan, Netherlands, Norway, Russia,
Spain, Sweden, Switzerland, UK, US

nonstate participants - (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 - (17) Algeria, Argentina, Brazil, Chile, Egypt, India,
Indonesia, Jamaica, Kenya, Malaysia, Mexico, Nigeria, Peru, Senegal,
Sri Lanka, Venezuela, Zimbabwe

Group of 2 (G-2): informal term that came into use about 1986; to
facilitate bilateral economic cooperation between the two most powerful
economic giants; members were Japan, US

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

Group of 3 (G-3): established - September 1990

aim - mechanism for policy coordination

members - (3) Colombia, Mexico, Venezuela

Group of 5 (G-5): establishe