New center of power summary
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At the beginning of the 21st century, the international community has witnessed the emergence of new centers of power, namely China, India, Brazil, Turkey, and Iran. It is natural to associate their rise with globalization and the entrance of new countries into stretches of rapid economic growth
The regional organizations are established with the following objectives: To accelerate economic growth and through that 'social progress and cultural development'. To make regional development at par the fast-growing global economy. To promote regional peace and stability based on the rule of law.
European Union integration started in 1992 after the Cold war. This organization comprises 27 European countries.
The European Union was created by the Maastricht Treaty, on November 1, 1993.
Originally the European Union was confined to western Europe. Later EU expansion into central and eastern Europe in the early 21st century.
The European Union members are Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden.
The United Kingdom, one of the founding members of the EU, left the organization in 2020.
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