Nordic Investment Bank (NIB)
established-4 December 1975
effective-1 June 1976
aim-to promote economic cooperation and development
members-(5) Denmark, Finland, Iceland, Norway, Sweden
North a popular term for the rich industrialized countries generally located in the northern portion of the Northern Hemisphere; the counterpart of the South; see developed countries (DCs)
North Atlantic Cooperation Council (NACC)-an extension of NATO
established-8 November 1991
effective-20 December 1991
aim-to form a forum to discuss cooperation concerning mutual political and security issues