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The Enlargement of the E.E.C. and the Asian Commonwealth Countries

image of The Enlargement of the E.E.C. and the Asian Commonwealth Countries
Among the most significant developments on the international economic scene in recent years have been those associated with the enlargement of the EEC, some of the problems of which have long been anticipated and some of the consequences of which are even today difficult to foresee.



This study examines problems that may arise for Commonwealth Asian countries from the accession of new countries to the EEC in the field of trade, with a view to seeking appropriate solutions.

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Approaches to the Solution of the Problems Arising from EEC Enlargement

Although formal negotiations within the framework of the Declaration of Intent are likely to take place later in the year, individual or groups of Asian Commonwealth countries have initiated exploratory discussions with the EEC. India has been attempting for some years to negotiate a comprehensive commercial treaty with the EEC, the main elements of which are reduction or elimination of trade barriers in the Community on products likely to be adversely affected by the elimination of the Commonwealth Preferences, collaboration in the establishment of new industries and assistance with the marketing of Indian exports in the enlarged Community. It is understood that Sri Lanka has presented an Aide-Memoire to the Community setting out its views on the solution to the various problems it is likely to encounter as a result of the enlargement of the EEC.

English

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