Group of 77 and China - Perez-Guerrero Trust Fund Projects
The Group of 77 (G-77) was established on 15 June 1964 by seventy-seven developing countries
signatories of the “Joint Declaration of the Seventy-Seven Countries” issued at the end of the
first session of the UNCTAD in Geneva. The members of the G-77 have increased to 131
countries.
The Perez-Guerrero Trust Fund for South-South Cooperation (PGTF) was established by The
United Nations General Assembly resolution 38/201 of 20 December 1983 to support critical
economic and technical cooperation activities among developing countries (ECDC/TCDC) in
order to achieve national or collective self-reliance. The objective of the PGTF is to provide seed
money for:
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financing pre-investment/feasibility studies/reports prepared by professional consultancy
organizations in developing countries members of the Group of 77; and
facilitating the implementation of projects within the framework of the Caracas
Programme of Action on ECDC.