ration

members - (16) Benin, Burkina, Cape Verde, The Gambia, Ghana,
Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Mauritania,
Niger, Nigeria, Senegal, Sierra Leone, Togo

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European Bank for Reconstruction and Development (EBRD)

established - 15 April 1991

aim - to facilitate the transition of seven centrally planned
economies in Europe (Bulgaria, Czechoslovakia, Hungary, Poland,
Romania, former USSR, and former Yugoslavia) to market economies
by committing 60% of its loans to privatization

members - (35) Albania, Australia, Austria, Belgium, Canada,
Cyprus, Denmark, European Community (EC), Egypt, European
Investment Bank (EIB), Finland, France, Germany, Greece, Iceland,
Ireland, Israel, Italy, Japan, South Korea, Liechtenstein,
Luxembourg, Malta, Mexico, Morocco, Netherlands, NZ, Norway,
Portugal, Spain, Sweden, Switzerland, Turkey, UK, US; note -
includes all 24 members of the OECD and the EC as an institution

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European Community (EC)

established - 8 April 1965

effective - 1 July 1967

aim - a fusing of the European Atomic Energy Community (Euratom),
the European Coal and Steel Community (ESC), and the European
Economic Community (EEC or Common Market); the EC plans to
establish a completely integrated common market in 1992 and an
eventual federation of Europe

members - (12) Belgium, Denmark, France, Germany, Greece,
Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, UK

associate member - (1) Czechoslovakia

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European Free Trade Association (EFTA)

established - 4 January 1960

effective - 3 May 1960

aim - to promote expansion of free trade

members - (6) Austria, Finland, Iceland, Norway, Sweden,
Switzerland

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European Investment Bank (EIB)

established - 25 March 1957

effective - 1 January 1958

aim - to promote economic development of the EC

members - (12) Belgium, Denmark, France, Germany, Greece,
Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, UK

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European Organization for Nuclear Research (CERN)

Note - acronym retained from the predecessor organization Conseil
Europeen pour la Recherche Nucleaire

established - 1 July 1953

effective - 29 September 1954

aim - to foster nuclear research for peaceful purposes only

members - (16) Austria, Belgium, Denmark, Finland, France,
Germany, Greece, Italy, Netherlands, Norway, Poland, Portugal,
Spain, Sweden, Switzerland, UK

observe