Q. 55.0( 3 Votes )
Name the organisation which was formed by the former colonies to demand a New International Economic Order (NIEO).
Explanation: G-77 was set up on 15 June 1964, by 77 countries. These were developing countries that demanded NIEO i,e, New International Economic Order. They did so as they had not gained any benefit from the fast growth as experienced by the Western countries.
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