1. Non Alignment was established as an international organisation with an aim to promote cultural and economic cooperation among the newly independent countries of Asia, Africa and Latin America. 

2. NAM helped the newly independent nations assert their autonomy in international affairs in a world torn between the two super powers. 

3. NAM summit at Algiers in 1973 resolved to constitute 5 different trusts to strengthen the economic development of non aligned countries and assist in their reconstruction activities. 

4. In the Hawana summit conference in 1979 it also appealed to take measures to minimise the economic differences between the developed and under developed countries. 

5. Thus, it also worked for economical development of NAM countries. 

6. During 1970s and early 1980s, the NAM also sponsored campaigns for restructuring commercial relations between developed and developing nations, namely the NIEO. 

7. The Djakarta Summit 1992 allowed the movement to shift its focus in a direction that also enabled it to work a cross to grouping such as the G-7 and the EU.