Synonyms of 'Economic organizations and treaties'
ACAS or Advisory, Conciliation, and Arbitration ServiceBretton Woods SystemCACM or Central American Common MarketCAP or Common Agricultural PolicyCARICOM or Caribbean Community and Common MarketCARIFTA or Caribbean Free Trade AreaCBI or Confederation of British IndustryCOMECON or Council for Mutual Economic AssistanceECO or European Coal OrganizationECOSOC or Economic and Social CouncilECOWAS or Economic Community Of West African StatesECSC or European Coal and Steel Communityformerly, an organization made up of six Western European nations which aimed to unify Europe during the Cold War EEA or European Economic Areaa free-trade area created in 1994 by an agreement between the European Free Trade Association (EFTA), excluding Switzerland, and the European Union (EU) EFTA or European Free Trade associationEMS or European Monetary Systemthe system used in the European Union for stabilizing exchange rates between the currencies of member states and financing the balance-of-payments support mechanism. The original Exchange Rate Mechanism was formed in 1979 but superseded in 1999 when the euro was adopted as official currency of 11 EU member states. A new exchange rate mechanism (ERM II) based on the euro is used to regulate the currencies of participating states that have not adopted the euro EMU or European Monetary Unionthe agreement between members of the European Union to establish a common currency. The current participating members are Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain EU or European Unionan organization created in 1993 with the aim of achieving closer economic and political union between member states of the European Community. The current members are Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden; the UK voted by referendum (2016) to leave European Bank for Reconstruction and DevelopmentEuropean Investment Banka financial institution of the European Union which is based in Luxembourg and which provides loans, especially to the less economically developed countries of the EU European Monetary Cooperation FundEuropean Regional Development FundGATT or General Agreement on Tariffs and Tradean international organization which promotes free trade, chiefly by facilitating negotiations among nations for the reduction or elimination of trade barriers Group of 7 or G7IFC or International Finance Corporationan organization that invests directly in private companies and makes or guarantees loans to private investors. It is affiliated to the World Bank and is part of the World Bank Group ILO or International Labour OrganizationIMF or International Monetary FundLAFTA or Latin American Free Trade AssociationLomé agreementsMaastricht TreatyMonopolies and Mergers CommissionNAFTA or New Zealand and Australia Free Trade AgreementNAFTA or North American Free Trade AgreementNEDC or National Economic Development CouncilOECD or Organization for Economic Cooperation and Developmentan organization of 30 developed countries that aims to achieve the highest sustainable economic growth and employment and living standards around the world Office of Fair TradingOPEC or Organization of Petroleum Exporting CountriesOrganization of Petroleum Exporting Countries: an association of major oil-producing nations which seeks to control crude-oil prices by setting production limits for each member nation Single European Market ActTreaty of RomeTUC or Trades Union CongressUNCTAD or United Nations Conference on Trade and DevelopmentUNIDO or United Nations Industrial Development OrganizationWorld Bank or International Bank for Reconstruction and Developmentan international cooperative organization established in 1945 under the Bretton Woods Agreement to assist economic development, esp of backward nations, by the advance of loans guaranteed by member governments WTO or World Trade Organizationan international body concerned with promoting and regulating trade between its member states; established in 1995 as a successor to GATT ▷ See organization
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Word List of Economic organizations and treaties from the Collins English Word Lists