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
Treaty establishing the European Defence Community Plan (1959–1962). European foreign policy was finally established during the third attempt with European Political Cooperation (EPC) (1970). This became the predecessor of the Common Foreign and Security Policy (CFSP). Today the European Union and NATO, and formerly also the Western European Union, all carry out some of the functions which was envisaged for the EDC, although none approach the degree of supranational military control that the EDC would have provided for. Treaty establishing the European Defence Community The Treaty establishing the European Defence Community, also known as the Treaty of Paris, is an unratified treaty signed on 27 May