Possible effects of the Free Trade Area on the European trade of non-member countries

Order 134 (1958)

Author(s):

Parliamentary Assembly

Origin

23rd Sitting 17th October 1958

1. The Assembly,

2. Taking note of the preliminary report on the possible effects of the Free Trade Area on the European trade of non-member countries, submitted by the Economic Committee ;

3. Convinced that European economic integration is perfectly compatible with, and should be accompanied by, measures for the progressive freeing of trade and payments on a world-wide scale, in the interests of Western Europe as i well as of overseas countries ;

4. Convinced that a high rate of economic activity in Western Europe within a system of free world trade is of benefit to the less developed countries also but, realising that special measures of assistance to promote their exports and improve the living standards of their populations will be needed and that this problem should be closely and continuously studied from the outset,

5. Instructs the Economic Committee to continue its work and to report on its conclusions to a subsequent Session of the Assembly.