Why Is Opec Headquarters In Austria

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OPEC : Secretariat

https://opec.org/opec_web/en/about_us/26.htm

The OPEC Secretariat is the executive organ of the Organization of the Petroleum Exporting Countries (OPEC). Located in Vienna, it also functions as the Headquarters of the Organization, in accordance with the provisions of the OPEC Statute . It is responsible for the implementation of all resolutions passed by the Conference and carries out all decisions made by the Board of Governors.

Where Is OPEC Headquartered? - WorldAtlas

https://www.worldatlas.com/articles/where-is-opec-headquartered.html

Oct 18, 2019 · OPEC settled for Geneva, Switzerland, where the headquarters was based for five years before relocating to Vienna, Austria, in September 1965 After Switzerland declined to offer diplomatic privileges to member states. Objective of OPEC

OPEC : Thank you Austria – thank you Vienna!

https://www.opec.org/opec_web/en/press_room/3157.htm

September 1st 2015 marked a special occasion in OPEC’s long and eventful history. For it was on this day half a century ago that the Organization first arrived in the Austrian capital, Vienna after spending its first five years in the Swiss Canton of Geneva. The Austrian government, still rebuilding after the ravages of the World War II, was keen to attract international organizations to its capital and hence offered …

A look inside a meeting of the mysterious OPEC

https://www.cnbc.com/2019/07/05/a-look-inside-a-meeting-of-the-mysterious-opec.html

Jul 07, 2019 · Twice per year OPEC meetings usually take place at the group's building in downtown Vienna, Austria. More than 200 journalists and broadcasters from around the world attend.

Opec Is An International Organization - 1182 Words Bartleby

https://www.bartleby.com/essay/Opec-Is-An-International-Organization-PKCLP7Q3PTD5

OPEC is an international organization that formed in September of 1960. OPEC headquarters reside in Vienna, Austria, however they are a collective representation of 13 different oil-exporting nations. Over its lifetime, it has conjured many different interpretations of its effect in the oil world.

AGREEMENT BETWEEN THE REPUBLIC OF AUSTRIA AND THE …

http://ilmc.univie.ac.at/uploads/media/HQ_Agreement_OPEC_-_Austria.pdf

(1) OPEC shall have the power to make re gulations, operative wi thin the headquarters seat, for the purpose of establishing therein conditions in all respects necessary for the full execution of its functions.

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