Stock Photo - French Foreign Minister Robert Schuman announces the plan to found the European Coal and Steel Community (ECSC) in front of the national assembly at the foreign ministry at the Quai d'Orsay in Paris, France, 9 May 1950. The goal of the ECSC was to create an agency to oversee German and French coal and steel production and invite other countries to participate. The so-called ""Schuman plan"" was signed on 18 April 1951 in Paris and came into effect on 23 July 1952 for a duration of 50 years. - Paris/France

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