European Union (EU): The European Union is a political and economic union of 27 member states located primarily in Europe. It is the world's largest single market and one of the most influential global actors.
Intergovernmental Organization (IGO): An intergovernmental organization is an organization composed primarily of sovereign states, or of other intergovernmental organizations. IGOs are formed by treaties that act as a charter creating the group.
Global Governance: Global governance refers to the complex of formal and informal institutions, mechanisms, relationships, and processes between and among states, markets, citizens and organizations, both inter- and non-governmental, through which collective interests on the global plane are articulated, rights and obligations are established, and differences are mediated.