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Document 11957E110

    TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY, PART THREE - POLICY OF THE COMMUNITY, TITLE II - ECONOMIC POLICY, CHAPTER 3: COMMERCIAL POLICY, ARTICLE 110

    Legal status of the document In force

    ELI: http://data.europa.eu/eli/treaty/teec/art_110/sign

    11957E110

    TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY, PART THREE - POLICY OF THE COMMUNITY, TITLE II - ECONOMIC POLICY, CHAPTER 3: COMMERCIAL POLICY, ARTICLE 110


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    ARTICLE 110

    BY ESTABLISHING A CUSTOMS UNION BETWEEN THEMSELVES MEMBER STATES AIM TO CONTRIBUTE , IN THE COMMON INTEREST , TO THE HARMONIOUS DEVELOPMENT OF WORLD TRADE , THE PROGRESSIVE ABOLITION OF RESTRICTIONS ON INTERNATIONAL TRADE AND THE LOWERING OF CUSTOMS BARRIERS .

    THE COMMON COMMERCIAL POLICY SHALL TAKE INTO ACCOUNT THE FAVOURABLE EFFECT WHICH THE ABOLITION OF CUSTOMS DUTIES BETWEEN MEMBER STATES MAY HAVE ON THE INCREASE IN THE COMPETITIVE STRENGTH OF UNDERTAKINGS IN THOSE STATES .

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