CLASSWORK #2

CWORLD
May 6, 2022

Name: JULKIFLI I. JULHANI

COMPARE AND CONTRAST THE FOLLOWING INTERNATIONAL ORGANIZATIONS:

ORGANIZATION YEAR MAIN REASON/S MAIN

ESTABLISHED FOR ITS CREATION PURPOSE/AREAS
OF CONCERN

UNITED NATIONS 1945 Maintaining Peace and Security;

(UN) international peace Human Rights; The
and security, Rule of Law; and,
developing friendly Development of the
relations among World
nations and fostering
social growth, better
living standards and
human rights.

EUROPEAN UNION 1993 The aim of ending the The treaty was
(EU) frequent and bloody designed to enhance
wars between European political
neighbors in the and economic
European region integration by
creating a single
currency (the euro), a
unified foreign and
security policy, and
common citizenship
rights and by
advancing
cooperation in the
areas of immigration,
asylum, and judicial
affairs.

ASEAN ECONOMIC 1967 Create a stable, To promote regional

COMMUNITY (AEC) prosperous, and peace, collaboration,
highly competitive and mutual
economic region in assistance on
the South-East Asia matters of common
interest, to provide
 assistance to each
other in the form of
training and research
facilities, to
collaborate for better
agricultural and
industrial utilization to
raise people's living
standards, to
promote Southeast
Asian studies, and to
maintain close,
beneficial
cooperation with
existing International
organizations with
similar aims and
purposes.

INTERNATIONAL 1944 To secure Furthering

MONETARY FUND international international
(IMF) monetary monetary
cooperation, to cooperation,
stabilize currency encouraging the
exchange rates, and expansion of trade
to expand and economic
international liquidity growth, and
discouraging policies
that would harm
prosperity.

WORLD BANK (WB) 1944 The original goals of The World Bank
both the World Bank Group works with
and IMF were to developing countries
support European to reduce poverty and
and Asian countries increase shared
needing financing to prosperity
fund post-war
reconstruction efforts.

BIMP-EAGA 1994 To spur development Aims to increase

in remote and less trade, tourism, and
developed areas in investments by
the four participating facilitating the free
Southeast Asian movement of people,
countries. goods, and services;
making the best use
of common
infrastructure and
natural resources;
 and taking the fullest
advantage of
economic
complementation.

WTO 1995 To supervise and To set and enforce

liberalize world trade. rules for international
trade, to provide a
forum for negotiating
and monitoring
further trade
liberalization and to
resolve trade
disputes, It also
increase the
transparency of
decision-making
processes and to
cooperate with other
major international
economic institutions
involved in global
economic
management, and
lastly to help
developing countries
benefit fully from the
global trading
system.

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