[3] Meeting independently in Tehran, ministers from Brazil, Iran and Turkey negotiated an agreement on principles designed to revive a stalled nuclear fuel-swap deal backed by the United Nations.

[4] Those nations represented at the summit were Algeria, Argentina, Brazil, Chile, Egypt, India, Indonesia, Iran, Jamaica, Kenya, Malaysia, Mexico, Nigeria, Peru, Senegal, Sri Lanka, Venezuela, and Zimbabwe.

[5] The leaders of G-15 nations are core contributors in summit meetings,[6] but only some of the heads-of-state were at the Teheran event: The G-15 perceive an ongoing need to expand dialogue with the G8 and with the G20.

For example, the 14th G-15 summit called for reform of Bretton Woods institutions and examining alternate sources of financing for the developing world.

Their negotiations led to the announcement of a program of exchange in Turkey of Iran's low-enriched uranium for nuclear fuel processed abroad.

[14] The summit focused on the importance of cooperation in facing the current challenges of food, energy, climate change, health and trade.