The Council on Foreign Relations is also referred to as the CFR.
Council on Foreign Relations . The CFR promotes globalization , free trade , reducing financial regulations on transnational corporations , and economic consolidation into regional blocs such as NAFTA or the European Union , and develops policy recommendations that reflect these goals . CFR publishes the bi-monthly journal Foreign Affairs , and runs the David Rockefeller Studies Program , which influences foreign policy by making recommendations to the presidential administration and diplomatic community , testifying before Congress , interacting with the media , and publishing on foreign policy issues .