Download Africa and the European community after 1992 by World Bank, Economic Development Institute (Washington, PDF

By World Bank, Economic Development Institute (Washington, D.C.)

ISBN-10: 0821323687

ISBN-13: 9780821323687

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In recent years, the Community has undergone farreaching changes, each of which has had, and will continue to have, significant implications for the CCP. Principles of the Common Commercial Policy The European Community is an association of states with its own legal character. Its members are united more closely than in the traditional form of international cooperation between states. " Many Community laws and regulations are enforceable in member states without requiring ratification by national parliaments, including those governing foreign trade and the right to conclude trade agreements with different countries (Pelkmans 1984).

Trade in chocolate and bananas are cited as examples of where internal country standards can result in preferences with respect to chocolate and the elimination of African countries' favored status in favor of Latin American countries with respect to bananas. Jacques Bourrinet, The Implications of EC Commercial Policy on Developing Countries In discussing the implications of the Common Commercial Policy for specific groups of developing countries, this paper duplicates some of the materials in the other papers.

Nowadays attention has shifted to nontariff barriers. A common trade policy, moreover, is desirable insofar as it strengthens the Community's bargaining power. Small member states in particular benefit from this: on their own they would be vulnerable to pressure from the United States and Japan. Page 3 The key provisions of the CCP are contained in Articles 110116 inclusive. Article 110 contains the well-known aspiration: 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.

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