11957E003

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ARTICLE 3

FOR THE PURPOSES SET OUT IN ARTICLE 2 , THE ACTIVITIES OF THE COMMUNITY SHALL INCLUDE , AS PROVIDED IN THIS TREATY AND IN ACCORDANCE WITH THE TIMETABLE SET OUT THEREIN :

( A ) THE ELIMINATION , AS BETWEEN MEMBER STATES , OF CUSTOMS DUTIES AND OF QUANTITATIVE RESTRICTIONS ON THE IMPORT AND EXPORT OF GOODS , AND OF ALL OTHER MEASURES HAVING EQUIVALENT EFFECT ;

( B ) THE ESTABLISHMENT OF A COMMON CUSTOMS TARIFF AND OF A COMMON COMMERCIAL POLICY TOWARDS THIRD COUNTRIES ;

( C ) THE ABOLITION , AS BETWEEN MEMBER STATES , OF OBSTACLES TO FREEDOM OF MOVEMENT FOR PERSONS , SERVICES AND CAPITAL ;

( D ) THE ADOPTION OF A COMMON POLICY IN THE SPHERE OF AGRICULTURE ;

( E ) THE ADOPTION OF A COMMON POLICY IN THE SPHERE OF TRANSPORT ;

( F ) THE INSTITUTION OF A SYSTEM ENSURING THAT COMPETITION IN THE COMMON MARKET IS NOT DISTORTED ;

( G ) THE APPLICATION OF PROCEDURES BY WHICH THE ECONOMIC POLICIES OF MEMBER STATES CAN BE COORDINATED AND DISEQUILIBRIA IN THEIR BALANCES OF PAYMENTS REMEDIED ;

( H ) THE APPROXIMATION OF THE LAWS OF MEMBER STATES TO THE EXTENT REQUIRED FOR THE PROPER FUNCTIONING OF THE COMMON MARKET ;

( I ) THE CREATION OF A EUROPEAN SOCIAL FUND IN ORDER TO IMPROVE EMPLOYMENT OPPORTUNITIES FOR WORKERS AND TO CONTRIBUTE TO THE RAISING OF THEIR STANDARD OF LIVING ;

( J ) THE ESTABLISHMENT OF A EUROPEAN INVESTMENT BANK TO FACILITATE THE ECONOMIC EXPANSION OF THE COMMUNITY BY OPENING UP FRESH RESOURCES ;

( K ) THE ASSOCIATION OF THE OVERSEAS COUNTRIES AND TERRITORIES IN ORDER TO INCREASE TRADE AND TO PROMOTE JOINTLY ECONOMIC AND SOCIAL DEVELOPMENT .