Today's meeting of the council of the Organisation for European Economic Cooperation was opened by Mr Theraycroft, as chairman of the council.
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Background: Today's meeting of the council of the Organisation for European Economic Cooperation was opened by Mr Theraycroft, as chairman of the council.
He said it was illusory to think that Europe could be divided on trade and commerce and united in the rest. If they failed to agree, then Europe would be divide into two camps.
An important change of attitude by Britain on the relationship of agriculture to the free trade area was announced by Mr Maudling, on behalf of the British Government.
He listed three problems as being the most important. 1. avoidance of discrimination. 2. definition of origin and deflections of trade. 3. treatment of agriculture. He thought it clearly desirable that countries such as Great Britain, with world-wide trading interests, should aim to reduce to a minimum any customs duties or other systems which artificially raise the prices of raw materials.
Support for the free trade area proposal was afterwards expressed on behalf of the United States, west Germany, and Switzerland.
The attitude of the signatories of the common market treaty was formulated on behalf of all six by M. Fayat, the Belgian Minister of Foreign Trade. They had met together before the opening of the council of O.E.E.C.