in 1967,
it was disbanded in 1977
established - January 2001
aim - to establish a political and economic union among the countries
members - (5) Burundi, Kenya, Rwanda, Tanzania, Uganda
East African Development Bank (EADB): established - 6 June 1967;
effective - 1 December 1967
aim - to promote economic development
members - (4) Kenya, Rwanda, Tanzania, Uganda
East Asia Summit (EAS): established - 14 December 2005
aim - to promote cooperation in political and security issues; to
promote development, financial stability, energy security, economic
integration and growth; to eradicate poverty and narrow the development
gap in East Asia, and to promote deeper cultural understanding
members - (16) Australia, Brunei, Burma, Cambodia, China, India,
Indonesia, Japan, South Korea, Laos, Malaysia, NZ, Philippines,
Singapore, Thailand, Vietnam
Economic and Monetary Community of Central Africa (CEMAC): note - was
formerly the Central African Customs and Economic Union (UDEAC)
established - 8 December 1964; effective - 1 January 1966
aim - to promote the establishment of a Central African Common Market
members - (6) Cameroon, Central African Republic, Chad, Republic of the
Congo, Equatorial Guinea, Gabon
Economic and Monetary Union (EMU): note - an integral part of the
European Union; also known as the European Economic and Monetary Union
established - 1-2 December 1969 (proposed at summit conference of heads
of government; 7 February 1992 (Maastricht Treaty signed)
aim - to promote a single market by creating a single currency, the
euro; timetable - 2 May 1998: European exchange rates fixed for 1
January 1999; 1 January 1999: all banks and stock exchanges begin using
euros; 1 January 2002: the euro goes into circulation; 1 July 2002
local currencies no longer accepted
members - (15) Austria, Belgium, Cyprus, Finland, France, Germany,
Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal,
Slovenia, Spain
Economic and Social Council (ECOSOC): established - 26 June 1945;
effective - 24 October 1945
aim - to coordinate the economic and social work of the UN; includes
five regional commissions (Economic Commission for Africa, Economic
Commission for Europe, Economic Commission for Latin America and the
Caribbean, Economic and Social Commission for Asia and the Pacific,
Economic and Social Commission for Western Asia) and nine functional
commissions (Commission for Social Develo
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