established - 12 April 1988 aim - encourages flow of foreign direct investment among member countries by offering investment insurance, consultation, and negotiation on conditions for foreign investment and technical assistance; a UN specialized agency members - (175) includes all UN member countries except Andorra, Bhutan, Brunei, Burma, Comoros, Cuba, Kiribati, North Korea, Liechtenstein, Marshall Islands, Monaco, Nauru, Niger, San Marino, Sao Tome and Principe, Somalia, Tonga, Tuvalu; plus Kosovo

N

Near Abroad

Russian term for the 14 non-Russian successor states of the USSR, in which 25 million ethnic Russians live and in which Moscow has expressed a strong national security interest; the 14 countries are Armenia, Azerbaijan, Belarus, Estonia, Georgia, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Moldova, Tajikistan, Turkmenistan, Ukraine, Uzbekistan

new independent states (NIS)

a term referring to all the countries of the FSU except the Baltic countries (Estonia, Latvia, Lithuania)

newly industrializing countries (NICs)

former term for the newly industrializing economies; see newly industrializing economies (NIEs)

newly industrializing economies (NIEs)

that subgroup of the less developed countries (LDCs) that has experienced particularly rapid industrialization of their economies; formerly known as the newly industrializing countries (NICs); also known as advanced developing countries; usually includes the Four Dragons (Hong Kong, South Korea, Singapore, Taiwan), and Brazil