The monument commemorates the 1972 Conference of Foreign Ministers of Non-Aligned countries when it was held in Guyana, 8 – 11 August, 1972. The monument was unveiled by His Excellency, Mr. Arthur Chung, the first President of Guyana in honour of the founders of the Non – Aligned Movement: President Gamal Abdel Nasser of Egypt, President Kwame Nkrumah of Ghana,President Pandit Jawaharlall Nehru of India and President Josip Broz Tito of Yugoslavia; the leaders who initiated the conference of Afro- Asian countries.

There are four busts sculpted to the likeness of the founders of the Non-Aligned Movement, three are of bronze and one of plastic.These were sculpted in the countries from which the founder leaders originated. They are mounted on a concrete plinth with a base made of quartz stone from the Mazaruni district.Four jasper rocks from the Orinduik waterfall adorn the front of the monument in a pool decorated with colourful stones from the riverbeds of Guyana.

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