A treaty providing in detail for mutual administrative assistance between France and Monaco became operative on 14 December 1954. Fiscal relations between the two countries are governed by a convention signed on 18 May 1963. France may station troops in Monaco and make use of Monaco's territorial waters. As a result of a customs union with France and French control of Monaco's foreign policy, the principality operates within the European Union.
Monaco joined the UN on 28 May 1993 and is a member of the ECE, FAO, IAEA, ICAO, IMO, ITU, ISCE, UNCTAD, UNESCO, UPU, WHO, and WIPO. It is a signatory of the Law of the Sea, and is an applicant to the Council of Europe.
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