established - 4 December 1975

effective - 1 June 1976

aim - to promote economic cooperation and development

members - (5) Denmark (including Faroe Islands and Greenland), Finland (including Aland Islands), Iceland, Norway, Sweden

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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)

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North Atlantic Cooperation Council (NACC)

note - an extension of NATO