The European Commission promotes close cooperation with advanced countries in the Group of Eight (G8) and is working closely with G8 presidencies to ensure that the group maintains a strong focus on development issues, in particular in Africa. It supports efforts in the Group of Twenty (G20) to create a new development framework.
The Group of Eight (G8) is a forum for the governments of eight of the world's largest national economies. The key themes for the most recent G8 Presidency by the UK in 2013 were tax, transparency and trade.
G20 development cooperation
The EU is also a member of the Group of Twenty (G20), a forum for international economic and financial cooperation.
The 2014 Australian Presidency priorities included infrastructure, domestic resource mobilisation and financial Inclusion. Food Security and human resources also remain on the development agenda.
The EU has been a strong supporter of the role of developing countries in the Development Working Group. The priorities of low income countries include green growth and climate change.
The European Commission will continue to actively contribute to the implementation of the G20 development agenda and to the establishment of consensus among advanced and emerging economies on development's contribution to shared growth.