Conclusions
| Doc. 106
| 26 August 1950
- Author(s):
- Parliamentary Assembly
- Origin
- See Doc. 92, Report. 1950 - 2nd Session - First part
1 Recommendation
to the Committee of Ministers adopted 25th August 1950, at the conclusion
of the Debate on the Report from the Committee on Economic Questions
The Assembly,
Having received from the Committee on Economic Questions a
proposal for the creation of private and public European Companies,
1. Expresses the view that the development of insufficiently
utilised resources and other activities of the nature of European
public utilities might be carried out through agencies or companies
established by the Member States in common, jointly financed by
them with or without the aid of private capital, and given concessions
and regulations by the said states in common.
2. Welcomes the proposal for the reciprocal treatment of nationals
(individual and corporate entities) already under consideration
by the Assembly and its Committee on Legal and Administrative Questions,
and accordingly recommends that efforts should be made to protect
private and public companies against discrimination when they extend
their ownership or activities to more than one country.
3. Holds the view that the question of granting to such companies
certain privileges as to customs, transfer of capital, etc., while
at the same time controlling their activities, involves a series
of problems that should be studied further by the Committee on Economic
Questions, taking into account the current development of economic
integration of Europe.
4. Stresses that the best way of furthering activities of the
kind mentioned is to proceed as fast as possible with a general
reduction of restrictions of all kinds between the European countries,
in the framework of a European full employment policy.
