Key Takeaways
- Pakistan will chair the Intergovernmental Group of Twenty-Four (G-24) for the first time.
- The expanded G-24 now includes 28 countries from Africa, Asia, the Middle East, and Latin America.
- Pakistan's chairmanship aims to address economic and financial issues affecting developing countries.
Pakistan has been appointed to lead the Intergovernmental Group of Twenty-Four (G-24), a coalition of developing and emerging economies, as its membership expands to 28 countries.
The group, which brings together nations from Africa, Asia, the Middle East, and Latin America and the Caribbean, will now comprise 11 African members, seven from Asia and the Middle East, and 10 from Latin America and the Caribbean.
Among the new members are key countries such as Algeria, Ghana, Côte d’Ivoire, Kenya, Congo, Morocco, Egypt, Nigeria, Ethiopia, South Africa, Gabon, Pakistan, Iran, India, Lebanon, the Philippines, Sri Lanka, Syria, Argentina, Brazil, Colombia, Ecuador, Guatemala, Haiti, Mexico, Peru, Trinidad and Tobago, and Venezuela.
Pakistan’s chairmanship of the G-24 will provide it with a significant leadership role, focusing on economic and financial issues that impact developing countries.
The expanded membership reflects the growing importance of the G-24 in global economic discussions and the increasing influence of developing nations in international forums.
Pakistan’s leadership in the G-24 is expected to enhance its diplomatic and economic standing, particularly in the context of regional and global economic challenges.
The group’s agenda will include discussions on trade, investment, and financial cooperation to support the economic growth and development of its member countries.
Pakistan’s role in the G-24 will also provide an opportunity for the country to collaborate with other developing nations to address common economic challenges and promote sustainable development.
