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OEEC
- Organization for European Economic Cooperation.
OEEC
abbreviation for
- Organization for European Economic Cooperation; an organization of European nations set up in 1948 to allocate postwar US aid and to stimulate trade and cooperation. It was superseded by the OECD in 1961
Example Sentences
Last week, at a meeting near Paris of OEEC's eight-nation steering committee, the plan was abandoned.
During the years 1956-59, reports the OEEC, 16 Western nations, together with Japan, supplied the world's underdeveloped countries with an average $6.9 billion yearly in capital assistance�a category that includes direct aid, reparations payments, long-term loans, guaranteed export credits and contributions to international economic assistance funds.
Charged OEEC: French tariffs are so high that they hamper both international trade and France's own economic recovery.
When it came to cracking down on their own countries' needs, individuals on OEEC's committees could never forget their nationalities.
But the rate of industrial growth is lagging, said OEEC.
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