European Common Market and The Free Trade Area

Author- United States Department of State press statement on the European Common Market and the Free Trade Area, January 15,1957, the US government writes back offering support for these negotiations because it unifies different countries and improves their economy.

Context-Belgium, France, the German Republic, Italy, Luxembourg, and the Netherlands are all joining together to establish a European market where there are no barriers during trade. This is in order to keep peace between these six countries.… Read the rest here

On the European Common Market and the Free Trade Area

3 Observations

1) Belgium, France, Italy, Luxembourg, The Netherlands, and West Germany are the six nations which were negotiating to establish a common market with no internal trade barriers and a common external tariff. The United Kingdom was interested in joining the elimination of trade barriers with these six founding members but having its own external tariff. Other Western European nations showed interest similar to the UK.

2) The United States’ policies were: to support moves to further political and economic strength and cohesion in Western Europe, and devotion to progress toward freer nondiscriminatory multilateral trade and convertibility of currencies.… Read the rest here