Informations on regional integration

The Various Types and Axes of Integration

• Political and Legal Integration

- Introduction of the principle of supranationality in the enforcement of decisions.

- Decision on the establishment of supranational institutions for control and arbitration with regard to the enforcement of decisions: court of justice, parliament, economic and social council.

- Political cooperation.

- Free movement of persons ; the programme approved by the Conference in May, 1978 is comprised of three (3) parts :

× abolition of visas

× right of residence

× right of establishment

• Economic and Monetary (common market, single currency, industry, mining, private sector, agriculture...)

- Inclusion of new projects like the harmonization of economic and financial policies in the programmes of the Community.

- Independent financing of budgets of the institutions: introduction of the community levy - community tax of 0.5 % on products from third countries

- in order to finance the regional integration process.