Unions of countries
What does the acronym BENELUX stand for
Belgium
Netherlands
Luxemburg
What does the acronym SWIFT stand for?
The Society for Worldwide Interbank Financial Telecommunication
Headquartered in Belgium, SWIFT’s international governance and oversight reinforces the neutral, global character of its cooperative structure. SWIFT shareholders elect a Board composed of 25 independent Directors which governs the Company and oversees management.
What does B of D (aka "the board") in a company stand for?
The Board of Directors is a governing body that typically meets at regular intervals to set corporate management and oversight policies. Every public company must have a board of directors. Some private and nonprofit organizations also have a board of directors.
What does the acronym SMEs stand for?
Small and Medium (sized) Enterprises
What does the acronym EU stand for?
The European Union has 27 members.
What does the acronym GATT stand for?
It the General Agreement on Tariffs & Trade is made up of representatives from all WTO member countries. The Goods Council has 10 committees dealing with specific subjects (such as agriculture, market access, subsidies, anti-dumping measures and so on).
What does the acronym CEO stand for?
Chief Executive Officer
What does the acronym OPEC stand for?
The Organization of the Petroleum Exporting Countries (OPEC) is a permanent, intergovernmental Organization, created at the Baghdad Conference on September 10–14, 1960
What does the acronym OECD stand for?
The Organisation for Economic Co-operation and Development (OECD) is an international organisation that works towards improving economic performance and creating jobs to fostering strong education and fighting international tax evasion, by exchange of experiences, best-practice sharing, and advice on public policies and international standard-setting.
What does the acronym GDP stand for?
The Gross (= brut) Domestic Product measures the monetary value of final goods and services produced in a country in a given period of time . It counts all of the output generated within the borders of a country.
What does the acronym FAO stand for?
The Food and Agriculture Organization (FAO), is the oldest permanent specialized agency of the United Nations, established in October 1945 with the objective of eliminating hunger and improving nutrition and standards of living by increasing agricultural productivity.
What does he acronym ITA stand for?
The original Information Technology Agreement (ITA) was reached on 13 December 1996, through a “Ministerial Declaration on Trade in Information Technology Products”, at the first WTO Ministerial Conference, held in Singapore.
What does the acronym APEC stand for?
The Asia-Pacific Economic Cooperation (APEC) is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific. APEC's 21 members aim to create greater prosperity for the people of the region by promoting balanced, inclusive, sustainable, innovative and secure growth and by accelerating regional economic integration.
What does the acronym ACP stand for?
There are 14 Pacific ACP countries (Africa, Caribbean and Pacific countries) negotiating as a region: Cook Islands, Micronesia, Fiji, Kiribati, Marshall Islands, Nauru, Niue, Palau, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu, and Vanuatu.
What does the acronym WTO stand for?
The World Trade Organization (WTO) is an intergovernmental organization which regulates international trade.
The WTO’s creation on 1 January 1995 marked the biggest reform of international trade since the end of the Second World War. Whereas the GATT mainly dealt with trade in goods, the WTO and its agreements also cover trade in services and intellectual property. The birth of the WTO also created new procedures for the settlement of disputes.
What does the acronym NAFTA stand for?
The purpose of the North American Free Trade Agreement (NAFTA) was to reduce trading costs, increase business investment, and help North America be more competitive in the global marketplace. The agreement was among Canada, the United States, and Mexico.
In 1992, NAFTA was signed by outgoing President George H.W. Bush, Mexican President Salinas, and Canadian Prime Minister Brian Mulroney. Earlier that year, the European Union had been created by the Treaty of Maastricht.