GENEVA, Mar 18 (IPS) – I observed the Group of 77 (G77) shortly after the 1964 Geneva Conference on Trade and Development (UNCTAD), the 1968 UNCTAD 2 in New Delhi and the 1972 UNCTAD 3 in Santiago. The Group was influential at the time, benefiting from several factors helpful for its functioning which are no longer present, namely: