ns to privatization;

members--(34) 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 12 members of the EC as individual countries
and the EC itself 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
-------------------------------------------------------------------------
_#_European Free Trade Association (EFTA)

established--4 January 1960, effective 3 May 1960;

aim--to promote expansion of free trade;

members--(7) Austria, Finland, Iceland, Liechtenstein, 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
-------------------------------------------------------------------------
_#_European Organization for Nuclear Research (CERN)--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--(14) Austria, Belgium, Denmark, France, Germany, Greece,
Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK;

observers--(3) Poland (scheduled to become a member 1 July 1991),
Turkey, Yugoslavia
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_#_European Space Agency (ESA)

established--31 July 1973, effective 1 May 1975;

aim--to promote peaceful cooperation in space research and
technology;