Glossary of European Union concepts, acronyms, & jargon conference entrusted Paul-Henri Spaak with the creation of a report that eventually led to the creation of 1957 Treaty of Rome. Oversees Countries and Territories (OCT), beneficiaries of the European Development Fund (EDF). An EU Directive, administered by the European Commission (Directorate General Internal Market) to regulate payment services and payment service providers throughout the European Union (EU) and European Economic Area (EEA). The Treaty of Rome established the European Communities (EC), comprising the European Economic Community (EEC), the European Atomic Energy Community (EAEC) and the European Coal and Steel Community (ECSC), and was signed in Rome on 25 March
European Union and the United Nations within the UN. On 11 October 1974, the UN General Assembly granted observer status to the European Economic Community (EEC) represented by the European Commission representation in New York City. It was the first non-state entity to be granted observer status and gave it participation rights, particularly in the Economic and Social Council: the EEC operated a common commercial policy from very early on and in such matters the European Commission represented the EU, in others the Council presidency did. Despite being an observer, the EU joined several treaties and gained full participation in a number of UN bodies (see