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European economic problems - East-West economic relations

Resolution 482 (1971)

Author(s):
Parliamentary Assembly
Origin
Assembly debate on 25 January 1971 (26th Sitting) (see Doc. 2885, report of the Committee on Economic Affairs and Development). Text adopted by the Assembly on 27 January 1971 (29th Sitting).

The Assembly,

1. Being convinced that the development of economic relations between Western and Eastern Europe, including the Soviet Union, can make a positive contribution to the preservation of peace in Europe as well as to the social and economic advancement of all the European nations ;

2. Being therefore in favour of a substantial increase in the number and strength of the economic links between Western and Eastern Europe ;

3. Believing, however, that economic co-operation with the East European countries should in no way slow down or alter the course of efforts to achieve the economic and political unification of Western Europe, of which the European Communities remain the nucleus,

4. Desires that the governments of Western and Eastern Europe should create favourable conditions for the continuous and substantial development of their economic relations to their mutual advantage, in particular by concluding long-term agreements and promoting industrial co-operation ;

5. Welcomes the economic agreements which many Council of Europe member States have already concluded with East European countries ;

6. Believes that it is in the interests of the Vest European countries, particularly those which are Members of the European Communities, to co-ordinate their economic relations with the countries of Eastern Europe, especially on the question of credit ;

7. Hopes that the States of Western Europe will induce the member States of the Council for Mutual Economic Assistance to accept the European Communities as such.