The North Atlantic Treaty Organization is an Alliance that consists of 28 independent member countries. Each member nation is normally represented on the North Atlantic Council by an Ambassador or Permanent Representative supported by a national delegation composed of advisers and officials who represent their country on different NATO committees. The Council also meets from time to time at the level of Heads of State and Heads of Government or Ministers of Foreign Affairs and Ministers of Defence.
The Organization of the Petroleum Exporting Countries (OPEC) was founded in Baghdad, Iraq, with the signing of an agreement in September 1960 by five countries namely Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. They were to become the Founder Members of the Organization.
OPEC’s objective is to co-ordinate and unify petroleum policies among Member Countries, in order to secure fair and stable prices for petroleum producers; an efficient, economic and regular supply of petroleum to consuming nations; and a fair return on capital to those investing in the industry.