Tag: trading and economic organisations

After the end of apartheid, South Africa transitioned into a multi-racial democracy, characterized by the inclusion of all racial groups in the political process.

Sri Lanka is a significant producer and exporter of rubber, and India imports natural rubber from Sri Lanka to meet domestic industrial demand.

European union was established in the year 1993.

European Union is the organization of European countries which have organs like European Commission, Council and Central Bank.

The Schuman Plan led to the creation of the European Coal and Steel Community (ECSC), which pooled the coal and steel resources of France, Germany, Italy, Belgium, the Netherlands, and Luxembourg.

The European Currency Unit (ECU) was a basket of currencies used by the European Economic Community before being replaced by the Euro in 1999.

European Union Citizens elected the Parliament of European Union by the power of vote it mainly includes citizens of European Countries.

The number twelve is traditionally the symbol of perfection, completeness and unity (12 hours in day, 12 months in a year, etc). The 12 stars do not represent the 12 countries who were the original member states.

Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Portugal, Spain and The Netherlands. Denmark, the UK and Sweden did not adopt the Euro as their currency.

The European Union has  six founding countries Belgium, France, West Germany, Italy, Luxembourg, and the Netherlands.