B

Baltic Assembly (BA)

established - 12 May 1990 aim - to thoroughly discuss various cooperation issues between Baltic states members - (3) Estonia, Latvia, Lithuania

Bank for International Settlements (BIS)

established - 20 January 1930; effective - 17 March 1930 aim - to promote cooperation among central banks in international financial settlements members - (55) Algeria, Argentina, Australia, Austria, Belgium, Bosnia and Herzegovina, Brazil, Bulgaria, Canada, Chile, China, Croatia, Czech Republic, Denmark, European Central Bank, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Japan, South Korea, Latvia, Lithuania, Macedonia, Malaysia, Mexico, Netherlands, NZ, Norway, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, Thailand, Turkey, UK, US; note - Serbia and Montenegro have separate central banks; their links with BIS are currently under review

Bay of Bengal Initiative for Multi-Sectoral Technical and Economic
Cooperation (BIMSTEC)

established - June 1997 aim - to foster socio-economic cooperation among members members - (7) Bangladesh, Bhutan, Burma, India, Nepal, Sri Lanka, Thailand

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

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, Turkey, Ukraine; note - Macedonia is in the process of joining observers - (17) Austria, Belarus, Black Sea Commission, Commission of the EC, Croatia, Czech Republic, Egypt, Energy Charter Secretariat, France, Germany, International Black Sea Club, Israel, Italy, Poland, Slovakia, Tunisia, US; note - Bosnia and Herzegovina and Slovenia have applied for observer status