An international governmental organization established in 1961 (1) to formulate, coordinate and promote policies encouraging economic growth; (2) to stimulate and harmonize its members' efforts regarding the provision of financial and technical aid for developing countries; and (3) to contribute to the expansion of multilateral trade conducted on a nondiscriminatory basis. The OECD studies and discusses trade and related matters. Its current 29 members include the United States, Canada, the 15 countries of the European Union, Australia, New Zealand, Japan, and Turkey. More recently, Mexico, the Czech Republic, Hungary, Poland and South Korea have become OECD members.