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India also looked at the world and saw more and more countries
achieving their freedom from colonial rule. When these newly
emerging countries looked at the world, they found a world divided
between the communist bloc and the non-communist bloc. It was the
age of the Cold War. Under the leadership of Pandit Nehru, President
Nasser and President Tito, this community of nations evolved what is
known as the Non-Aligned Movement. Over a period of time, NAM not
only acquired a political dimension but also strong economic content.
The Group of 77 which consisted mostly of the non-aligned countries
became an important instrument of negotiation and articulation of
views of the developing countries in all fora where economic issues
were discussed.