members - (16) Australia, Brunei, Burma, Cambodia, China, India, Indonesia, Japan, South Korea, Laos, Malaysia, NZ, Philippines, Singapore, Thailand, Vietnam
Economic and Monetary Union (EMU): note - an integral part of the
European Union; also known as the European Economic and Monetary Union
established - 1-2 December 1969 (proposed at summit conference of heads of government; 7 February 1992 (Maastricht Treaty signed)
aim - to promote a single market by creating a single currency, the euro; timetable - 2 May 1998: European exchange rates fixed for 1 January 1999; 1 January 1999: all banks and stock exchanges begin using euros; 1 January 2002: the euro goes into circulation; 1 July 2002 local currencies no longer accepted
members - (12) Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain
Economic and Monetary Community of Central Africa (CEMAC): note - was formerly the Central African Customs and Economic Union (UDEAC)
established - 8 December 1964; effective - 1 January 1966
aim - to promote the establishment of a Central African Common Market
members - (6) Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, Gabon
Economic and Social Council (ECOSOC): established - 26 June 1945; effective - 24 October 1945