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Document 11985I/AFI/DCL/41

    DOCUMENTS CONCERNING THE ACCESSION OF THE KINGDOM OF SPAIN AND THE PORTUGUESE REPUBLIC TO THE EUROPEAN COMMUNITIES, FINAL ACT, DECLARATION BY THE EUROPEAN ECONOMIC COMMUNITY ON THE ADAPTATION AND MODERNIZATION OF THE PORTUGUESE ECONOMY

    Dz.U. L 302 z 15.11.1985, p. 494–494 (ES, DA, DE, EL, EN, FR, IT, NL, PT)

    Legal status of the document In force

    ELI: http://data.europa.eu/eli/treaty/acc_1985/fna_1/dcl_41/sign

    11985I/AFI/DCL/41

    DOCUMENTS CONCERNING THE ACCESSION OF THE KINGDOM OF SPAIN AND THE PORTUGUESE REPUBLIC TO THE EUROPEAN COMMUNITIES, FINAL ACT, DECLARATION BY THE EUROPEAN ECONOMIC COMMUNITY ON THE ADAPTATION AND MODERNIZATION OF THE PORTUGUESE ECONOMY

    Official Journal L 302 , 15/11/1985 P. 0494


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    Declaration by the European Economic Community

    on the adaptation and modernization of the Portuguese economy

    The accession of the Portuguese Republic to the European Communities affords the prospect of modernizing its economy and increasing its growth potential .

    To that end , a specific agricultural development programme previously defined in Article 263 and Protocol 24 shall apply immediately upon accession and shall be phased over a total of 10 years .

    A similar effort is called for in the industrial field , in order to modernize the production sector and to adapt it to European and international economic realities . The Community is prepared , in the same spirit as for agriculture , to aid Portuguese undertakings , by letting them benefit from its technical support and its credit instruments - both NCI and private operations - and by increased contributions from the European Investment Bank .

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