Organization for Democracy and Economic Development (GUAM): note- acronym standing for the member countries, Georgia, Ukraine, Azerbaijan, Moldova; formerly known as GUUAM before Uzbekistan withdrew in 5 May 2005
established - 7 June 2001
aim - commits the countries to cooperation and assistance in social and economic development, the strengthening and broadening of trade and economic relations, and the development and effective use of transport and communications, highways, and related infrastructure crossing the boundaries of the member states
members - (4) Azerbaijan, Georgia, Moldova, Ukraine
high income countries: another term for the industrialized countries with high per capita GDPs; see developed countries (DCs)
Indian Ocean Commission (InOC): established - 21 December 1982
aim - to organize and promote regional cooperation in all sectors, especially economic
members - (5) Comoros, France (for Reunion), Madagascar, Mauritius, Seychelles
industrial countries: another term for the developed countries; see developed countries (DCs)
Inter-American Development Bank (IADB): note - also known as Banco
Interamericano de Desarrollo (BID)