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Vanderbilt Journal of Transnational Law

First Page

44

Abstract

The free movement of goods, persons and capital and the freedom of establishment and services throughout the EEC were the four fundamental objectives the Treaty of Rome sought to accomplish in establishing the Community. In addition, the Treaty provided for the implementation of common Community policies toward agriculture, as well as transport and commercial relations with third countries. It also outlined specific rules for competition. Through the attainment of these freedoms and the implementations of these sectoral policies during a twelve year transitional period, the full measure of integration envisioned by the Treaty of Rome was to be achieved.

The concern of this article is the development of a common commercial policy by the EEC. This aspect of Community integration is particularly important today for two reasons. First, the common commercial policy (CCP) is one of the areas in which integration has been most difficult to achieve. To know the present state of the CCP is to understand the present state of Community integration. Secondly, the development of the CCP has important ramifications for the commercial dealings between the United States and the EEC member states. In the post-transitional period, all matters within the scope of the CCP will be within the exclusive jurisdiction of the EEC and not the member states. Therefore, an analysis of the content and scope of the CCP will also determine the precise nature of the commercial relationships between these parties after the total integration of the Common Market is achieved. Prior to beginning such an analysis, however, an explanation of the legal origins and the economic and political bases of the concept is necessary to place it in a proper perspective.

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