MF's "advanced economies" group

** Franc Zone (FZ) **

note - also known as Conference des Ministres des Finances des Pays de
la Zone Franc

established - NA 1964

aim - to form a monetary union among countries whose currencies are
linked to the French franc

members - (16) Benin, Burkina Faso, Cameroon, Central African Republic,
Chad, Comoros, Republic of the Congo, Cote d'Ivoire, Equatorial Guinea,
France, Gabon, Guinea-Bissau, Mali, Niger, Senegal, Togo;

note - France includes metropolitan France, the four overseas departments
of France (French Guiana, Guadeloupe, Martinique, Reunion), the two
territorial collectivities of France (Mayotte, Saint Pierre and Miquelon),
and the three overseas territories of France (French Polynesia, New
Caledonia, Wallis and Futuna)

** Front Line States (FLS) **

established to achieve black majority rule in South Africa; has since
gone out of existence; members included Angola, Botswana, Mozambique,
Namibia, Tanzania, Zambia, Zimbabwe

** General Agreement on Tariffs and Trade (GATT) **

see the World Trade Organization (WTrO)

** Group of 2 (G-2) **

informal term that came into use about 1986; to facilitate bilateral
economic cooperation between the two most powerful economic giants;
members were Japan, US

** Group of 3 (G-3) **

established - NA September 1990

aim - mechanism for policy coordination

members - (3) Colombia, Mexico, Venezuela

** Group of 5 (G-5) **

established - 22 September 1985

aim - to coordinate the economic policies of five major noncommunist
economic powers

members - (5) France, Germany, Japan, UK, US

** Group of 6 (G-6) **

note - also known as Groupe des Six Sur le Desarmement; not to be confused
with the Big Six

established - 22 May 1984

aim - to achieve nuclear disarmament

members - (6) Argentina, Greece, India, Mexico, Sweden, Tanzania

** Group of 7 (G-7) **

note - membership is the same as the Big Seven

established - 22 September 1985

aim - to facilitate economic cooperation among the seven major
noncommunist economic powers

members - (7) Group of 5 (France, Germany, Japan, UK, US) plus Canada
and Italy

** Group of 8 (G-8) **

established - NA October 1975

aim - to facilitate economic cooperation among the developed countries
(DCs) that participated in the Conference on International Economic
Cooperation (CIEC), held in several sessions between NA