What does ECSC mean in Non-Profit Organizations?

This page is about the meanings of the acronym/abbreviation/shorthand ECSC in the Community field in general and in the Non-Profit Organizations terminology in particular.

European Coal and Steel Community

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Definition

What does ECSC mean?

European Coal and Steel Community
The European Coal and Steel Community (ECSC) was a European organization created after World War II to regulate the coal and steel industries. It was formally established in 1951 by the Treaty of Paris, signed by Belgium, France, Italy, Luxembourg, the Netherlands, and West Germany. The ECSC was an international organization based on the principle of supranationalism, and started a process of integration which ultimately led to the creation of the European Union. The ECSC was first proposed as the Schuman Declaration by French foreign minister Robert Schuman on the 9th of May 1950 (today's Europe Day of the EU), the day after the fifth anniversary of the end of World War II, as a way to prevent further war between France and Germany. He declared he aimed to "make war not only unthinkable but materially impossible" which was to be achieved by regional integration, of which the ECSC was the first step. The Treaty would create a common market for coal and steel among its member states with freely set market prices, free movement of products, and without customs duties or taxes, subsidies, or restrictive practices. The ECSC was overseen by four institutions: a High Authority composed of independent appointees, a Common Assembly composed of national parliamentarians, a Special Council composed of national ministers, and a Court of Justice. These would ultimately form the blueprint for today's European Commission, European Parliament, the Council of the European Union and the European Court of Justice. The ECSC stood as a model for the communities set up after it by the Treaty of Rome in 1957, the European Economic Community and European Atomic Energy Community, with whom it shared its membership and some institutions. The 1967 Merger (Brussels) Treaty led all of ECSC's institutions to merge into the European Economic Community, but the ECSC retained its own independent legal personality. In 2002, the Treaty of Paris expired and the ECSC ceased to exist in any form, its activities fully absorbed by the European Community under the framework of the Amsterdam and Nice treaties.

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"ECSC." Abbreviations.com. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.abbreviations.com/term/129450>.

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