World bank ORGANIZATION
Organization
World Bank
The World Bank or International Bank was founded in the year
1945.It started working in the year June 1946.The main objectives of
World Bank is to maintain coordination so that member countries could improve
his economies and developed themselves .There are five countries which invested
there huge amount in World Bank AMARICA, JAPAN, GERMANY, BRITAIN, FRANCE .The
first asset of this BANK was 10,000 million dollar .Its head quarter is in
WASHINGTON D.C. and chair person is ROBERT JOELIK.
INTERNATIONAL MONETARY FUND
It was formed in 27december 1945.it start working in 1 march
1947
In 1996 members countries were 183.The chairperson is HARUHIKO
KURODO(JAPAN)
It was formed in 1966 its headquarters is in MANILA (PHILIPINES)
IT STARTED WORKING in the year 1 january 1967
INTERNATIONAL ECONOMIC COUNCIL
IT was formed by WORLD BANK in the year July 1956.its member
country is 172.
Its main objective is to give support to developing countries to
build their infrastructure, industrial revolution
OPEC.
This is the organization of petroleum exporting countries
It was formed in the year 1960 in Baghdad(Iraq).ITS HEAD QUARTER
IS IN VIENNA (AUSTRIA).It is an intergovermentral organization dedicated to
stability in shared control of petroleum.
Abdalla Salem el-Badri is Secretary General of OPEC since 2007.
He is a citizen of Libya and resides in Austria. El-Badri was born in Ghemines,
Libya and studied at the University of Florida.
GROUP-8
Eight large and industrialized countries. These eight nations
are: US, Japan, Germany, France, Britain, Italy, Canada, and Russia. G-8 was
known as G-6 until Canada joined in 1976, and after that was known as G-7.
Russia was invited to join in 1997, then became as G8. The group meets
once per year at a special summit meeting in one of the eight countries.
Responsibility for hosting summit meetings is determined through a rotation of
member countries. This rotation occurs in the following order: France, United
States, United Kingdom, Russia, Germany, Japan, Italy and Canada. In 2009, the
host country will be Italy and in 2010, the host country will be Canada. In
2011, France will become the host country as the rotation starts over again.
INTERNATIONAL DEVELOPMENT ORGANISATION
International development organization
Was founded in the year 24 december 1960.The country
who are the member of world bank could join IDA.The main objective of IDA is to
provide help to those country which have total G.D.P of 481 dollar per
people.IDA runs by WORLD BANK officers
GROUP -15
It was founded in the
year 1989 in BULGRADE(YUGOSLAVIA).It was founded by the five developing
countries .Its members country increases to 19.The founding countries are ..
INDIA,MAXICO,ZAMAICA,VENENZUELA,BRAZIL,PERU,ARGENTINA
,SENEGAL,MALAYSIA ,I NDONESIA ,YUGSLAVIA, ZIMBABWE, NIGERIA, ALGERIA, EGYPT.
EEC OF ECM
ITS IS GROUP OF 6 EUROPEAN NATION. IT was
found in the year 1957 in Rome contribution. Its headquarter is in Belgium and
it was found for free trade between member countries.
Today its members countries increases to 15
FRANCE , BELGIUM, NETHERLAND, LUXEMBURG,
ITALY, IRELAND, DENMARK, GERMANY, SWEDEN, FINLAND, PORTUGAL, SPAIN, GREECE.
U.N.C.T.A.D
The United Nations Conference on Trade and
Development (UNCTAD) was established in 1964 dealing with trade, investment,
and development issues.
Headquarters is in Geneva, Switzerland
It is promote exports of manufactured
goods from developing countries, it would be necessary to offer special tariff
concessions to such exports. Accepting this argument, the developed countries
formulated the GSP Scheme under which manufacturers' exports and some
agricultural goods from the developing countries enter duty-free or at reduced
rates in the developed countries.
SAFTA
SOUTH ASIAN FREE TRADE AREA (SAFTA)
The Governments of the SAARC (South Asian
Association for RegionalCooperation)
Motivated by the commitment to strengthen
intra-SAARC economic cooperation to maximise the realization of the region’s
potential for trade and development for the benefit of their people, in a
spirit of mutual accommodation, with full respect for the principles of
sovereign equality, independence and territorial integrity of all States;
Noting that the Agreement on SAARC
Preferential Trading Arrangement
(SAPTA) signed in Dhaka on the 11th of April
1993 provides for the adoption
of various instruments of trade liberalization
on a preferential basis;
The establishment of an Inter-Governmental
Group (IGG) to formulate an agreement to establish a SAFTA by 1997 was approved
in the Sixth Summit of SAARC held in Colombo in December 1991
ITS MAIN OBJECTIVES
overall reciprocity and mutuality of
advantages so as to benefit equitably all Contracting States, taking into
account their respective level of economic and industrial development, the
pattern of their external trade, and trade and tariff policies and systems
negotiation of tariff reform step by step,
improved and extended in successive stages through periodic reviews
recognition of the special needs of the Least
Developed Contracting States and agreement on concrete preferential measures in
their favour
inclusion of all products, manufactures and
commodities in their raw, semi-processed and processed forms.
SOUTH COMISSION
The South Commission was established in 1987.
At the Non Aligned Summit Meeting held in Harare in September 1986, Dr. Mahatir
Bin Mohamad, Prime Minister of Malaysia, announced the intention to establish
the Commission and also made known that Mwalimu Julius Nyerere, former
President of Tanzania, had accepted the invitation to be its Chairman.
The South Centre is therefore intended to meet
the need for analysis of development problems and experience, as well as to
provide intellectual and policy support required by developing countries for
collective and individual action, particularly in the international arena.
Its head quarter is in Geneva , Switzerland
SAARC
The South Asian Association for Regional
Cooperation (SAARC) is an organisation of South Asian nations, which was
established on 8 December 1985 when the government of Bangladesh , Bhutan,
India, Maldives, Nepal, Pakistan, and Sri Lanka formally adopted its charter
providing for the promotion of economic and social progress, cultural
development within the South Asia region and also for friendship and
cooperation with other developing countries. It is dedicated to economic,
technological, social, and cultural development emphasising collective
self-reliance. Its seven founding members are Sri Lanka, Bhutan, India,
Maldives, Nepal, Pakistan, and Bangladesh
ASEAN
The Association of Southeast Asian Nations, or
ASEAN, was established on 8 August 1967 in Bangkok, Thailand, with the signing
of the ASEAN Declaration (Bangkok ) by the Founding Fathers of ASEAN, namely
Indonesia, Malaysia, Philippines, Singapore and Thailand.
To accelerate the economic growth, social
progress and cultural development in the region through joint endeavour
in the spirit of equality and partnership in order to strengthen the foundation
for a prosperous and peaceful community of Southeast Asian Nations;
To promote regional peace and stability
through abiding respect for justice and the rule of law in the relationship
among countries of the region and adherence to the principles of the United
Nations Charter;
To promote active collaboration and mutual
assistance on matters of common interest in the economic, social, cultural,
technical, scientific and administrative fields;
To provide assistance to each other in the
form of training and research facilities in the educational, professional,
technical and administrative spheres and collaborate more effectively
for the greater utilisation of their agriculture and industries, the expansion
of their trade, including the study of the problems of international commodity
trade, the improvement of their transportation and communications facilities
and the raising of the living standards of their peoples
Its headquarter is in Zakarta .
NAFTA
The Association of Southeast Asian Nation
Implementation of the North American Free Trade Agreement (NAFTA) began on
January 1, 1994. This agreement will remove most barriers to trade and
investment among the United States, Canada, and Mexico.
Under the NAFTA, all non-tariff barriers to
agricultural trade between the United States and Mexico were eliminated. the
world's largest free trade area was formed. The Agreement has brought economic
growth and rising standards of living for people in all three countries. In
addition, NAFTA has established a strong foundation for future growth and has
set a valuable example of the benefits of trade liberalization.
GROUP-24
GROUP-77
BENELECS
OECD
WTO
UNITED NATION MAJOR AGENCY AND THEIR HEAD QUARTER
No comments:
Post a Comment