eparate central banks; their links with BIS are currently under
review
Benelux Economic Union (Benelux): note - acronym from Belgium,
Netherlands, and Luxembourg
established - 3 February 1958; effective - 1 November 1960
aim - to develop closer economic cooperation and integration
members - (3) Belgium, Luxembourg, Netherlands
Big Seven: note - membership is the same as the Group of 7
established - 1975
aim - to discuss and coordinate major economic policies
members - (7) Big Six (Canada, France, Germany, Italy, Japan, UK) plus
the US
Big Six: note - not to be confused with the Group of 6
established - 1967
aim - to foster economic cooperation
members - (6) Canada, France, Germany, Italy, Japan, UK
Black Sea Economic Cooperation Zone (BSEC): established - 25 June 1992
aim - to enhance regional stability through economic cooperation
members - (12) Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece,
Moldova, Romania, Russia, Serbia and Montenegro, Turkey, Ukraine; note
- Macedonia is in the process of joining
observers - (8) Austria, Egypt, France, Germany, Israel, Italy, Poland,
Tunisia
Caribbean Community and Common Market (Caricom): established - 4 July
1973; effective - 1 August 1973
aim - to promote economic integration and development, especially among
the less developed countries
members - (15) Antigua and Barbuda, The Bahamas, Barbados, Belize,
Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Kitts and
Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname,
Trinidad and Tobago
associate members - (5) Anguilla, Bermuda, British Virgin Islands,
Cayman Islands, Turks and Caicos Islands
Caribbean Development Bank (CDB): established - 18 October 1969;
effective - 26 January 1970
aim - to promote economic development and cooperation
regional members - (20) Anguilla, Antigua and Barbuda, The Bahamas,
Barbados, Belize, British Virgin Islands, Cayman Islands, Colombia,
Dominica, Grenada, Guyana, Jamaica, Mexico, Montserrat, Saint Kitts and
Nevis, Saint Lucia, Saint Vincent and the Grenadines, Trinidad and
Tobago, Turks and Caicos Islands, Venezuela
nonregional members - (5) Canada, China, Germany, Italy, UK
Central African Customs and Economic Union (UDEAC): see Monetary and
Economic Community of Central Africa (CEMAC)
Central African States Development Bank (BDEAC): note - acronym from
Banque de Developpement des Etats de l'Afriqu
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