GUAM Organization for Democracy and Economic Development: Difference between revisions

Revision as of 01:11, 23 October 2024

Revision as of 15:42, 14 November 2024

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| population_estimate_year = 2020

| population_density_km2 = 71.5

| GDP_nominal = {{decrease}} $223311&nbsp;billion<ref name="IMFWEORU"/>

| GDP_nominal_year = 20202024

| GDP_nominal_per_capita = {{decrease}} $36,800240

| GDP_PPP = {{decrease}} $765993.8 &nbsp;billion<ref name="IMFWEORU"/>

| GDP_PPP_year = 20202024

| GDP_PPP_per_capita = {{decrease}} $1319,200939

| official_website = {{official URL}}

| demonym =

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The '''GUAM Organization for Democracy and Economic Development''' is a regional organization of four [[post-Soviet states]]: [[Georgia (country)|Georgia]], [[Ukraine]], [[Azerbaijan]], and [[Moldova]].

Conceived in 1997 to harmonize and integrate commercial, diplomatic and democratic relations among its member states, the GUAM treaty charter was signed in 2001 and today covers a population of over 5749.8 million people. [[Uzbekistan]] was also a member of GUAM in the 1999–2005 period. In 2003, GUAM became an observer in the [[United Nations General Assembly|UN General Assembly]]. In 2007, GUAM also established a military [[peacekeeping]] force and organized joint military exercises. Such increasingly deepened integration and relationships led to GUAM playing an important role in the region's diplomatic and commercial affairs.

The agreement on a Free Trade Area was signed in 2002. In 2017, additional agreements on a [[free-trade area]] were announced, but as of 2022 reportedly the FTA has not been ratified and has not entered into force.<ref>{{cite web | url=https://www.geopoliticalmonitor.com/guam-2-0-can-free-trade-revive-the-forgotten-regional-bloc/ | title=GUAM 2.0: Can Free Trade Revive the Forgotten Regional Bloc? | date=3 October 2022 }}</ref> The WTO was notified only in 2017 and the Agreement is designated as "Plurilateral" and "In Force". According to the WTO database, the GUAM FTA agreement was signed in 2002 and entered into force in 2003.<ref>{{cite web | url=https://rtais.wto.org/UI/PublicShowMemberRTAIDCard.aspx?rtaid=620 | title=WTO &#124; Regional trade agreements }}</ref> [[International Trade Centre]] says there is no free trade area in operation with distinct rules from an [[Commonwealth of Independent States Agreement on the Establishment of a Free Trade Area|Agreement on Creation of CIS Free Trade Area]], was signed on 15 April 1994 by 12 CIS countries.<ref>{{cite web | url=https://www.macmap.org/en/resources/cis | title=Market Access Map }}</ref>