printable banner

U.S. Department of State - Great Seal

U.S. Department of State

Diplomacy in Action

Some Frequently Used Acronyms


Share

ADB - Asian Development Bank
AGOA - African Growth and Opportunity Act
APEC -
Asia-Pacific Economic Cooperation
BIS
- Bank for International Settlements
CACM - Central American Common Market
CARICOM - Caribbean Common Market
CAP - Common Agricultural Policy (of the EU)
CBTPA - Caribbean Basin Trade Partnership Act
CCC
- Commodity Credit Corporation (Department of Agriculture)
CIF - cost, insurance and freight
EBRD
- European Bank for Reconstruction and Development
EFTA - European Free Trade Association
EMS - European Monetary System (of the EU)
EPZ - export processing zone
ERM
- Exchange Rate Mechanism (of the EU)
EU - European Union
EXIMBANK - U.S. Export-Import Bank
FDI - foreign direct investment
FOB -
free on board
FOREX - foreign exchange
FTA - free trade agreement
FTAA - Free Trade Area of the Americas
FY
- fiscal year
GATS - General Agreement on Trade in Services
GATT - General Agreement on Tariffs and Trade
GDP - gross domestic product
GMO - genetically modified organism
GNP
- gross national product
GSP - Generalized System of Preferences
IBRD - International Bank for Reconstruction and Development (World Bank)
IFIs - international financial institutions (IMF, World Bank and regional development banks)
ILO - International Labor Organization (of the United Nations)
IMF - International Monetary Fund
IDB - Inter-American Development Bank
IPR - intellectual property rights
IT - information technology
MFN
- most favored nation
NAFTA - North American Free Trade Agreement
NGOs - non-government organizations
NIS - Newly Independent States (of the former Soviet Union)
OECD - Organization for Economic Cooperation and Development
OPIC - U.S. Overseas Private Investment Corporation
PTT - Post, Telegraph and Telephone
SDR - Special Drawing Rights (of the IMF)
TRIPs - WTO Agreement on Trade-Related Aspects of Intellectual Property Rights
UR - Uruguay Round of trade negotiations in the GATT
USD - U.S. Dollar
VAT - value-added tax
WIPO - World Intellectual Property Organization
WTO - World Trade Organization

[end]



Back to Top
Sign-in

Do you already have an account on one of these sites? Click the logo to sign in and create your own customized State Department page. Want to learn more? Check out our FAQ!

OpenID is a service that allows you to sign in to many different websites using a single identity. Find out more about OpenID and how to get an OpenID-enabled account.