Group Of Ten

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Group Of Ten

Summary of Group Of Ten

Also known as the Paris Club, the ten principal trading nations. The group, consisting of the United States, Great Britain, Federal Republic of Germany, France, Japan, Italy, Belgium, the Netherlands, Canada, and Sweden, derived the name from a 1962 General Agreement to Borrow signed to make U.S. $6.2 billion in credit available to the International Monetary Fund. Discussions among the member nations are commonly conducted in the larger arena of the Organization for Economic Cooperation and Development (read this and related legal terms for further details) in recent years. In April 1984, Switzerland formally joined the Group as a full member.

(Main Author: William J. Miller)

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International Organisations > World organisations > World organisation
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Group of Ten

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International Organisations > World organisations > World organisation > Group of Ten
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See also

  • G-10

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