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Socialist International

The Socialist International is a political international or worldwide organisation of political parties which seek to establish democratic socialism. Though it consists mostly of social-democratic political parties and labour organisations. Wikipedia
Founded: June 3, 1951
Membership: 119 political parties and 13 affiliated organizations
President: Pedro Sánchez
Abbreviation: SI
Budget: £1.4 million (2014)
Main organ: Congress of the Socialist International
Purpose: "Strengthen relations between the affiliated parties and to coordinate their political attitudes and activities"