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African common market: resolution 100 (Vl) adopted by the Commission at its Plenary meeting on 28 February 1964

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:D NATIONS

C6NOMIC

SOCIAL COUNCIL ^^

Distr, LIMITED

B/CFs14/RES/100.(VI)

29 February 1964 ENGLISH

Original: FRENCH

ECONOMIC COMMISSION FOR .AFRICA Sixth session

Addis Ababa, 19 February - 3 March 1964

AFRICAN COMMON MARKET '

Resolution 100 (Vl) adopted "by the Commission at its pfl.ary meeting on 28 February 1964 '

The .Economic Cocj-niasion for Africa,

Recalling its resolution 86(V) of 2 March I963 whereby it requested

the Executive Secretary ''to undertake intensive studies on the major problems of zr\ African common market, having particular regard to the balanced integration of economic development in the various African countries55 j ■

}^. that the report submitted by the secretariat (E/CH.I4/STC/2O)

to the Standing Co.~r.ittee on Trade is in the words of its foreword,

merely, "a modest first response to this resolution", and that the same report1-, states in paragraph 97 that "Information on quantitative restric tions applied "oy- African countries as scarce and difficult to analyse",

insider* 1"2 that the study of such restrictions, their raison

d'etre and the possibilities of removing them is an essential part of

a study of the possibilities of establishing an African common market,

SSS^^A^-^.a that the study of the possibilities and methods of harmonising development plans is still in the exploratory stage,

ISliSS tha" the reports submitted to it do not deal fully with the effects of establishing of an African common market on-the revenues of African Statos? \:iioh for the time being are to a large extent derived

from import "nd export duties,

64-IO4O

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I/CN.14/RBS/1OO(VI)

Page 2

1* Notes with appreciation the work already done by the Executive Secretary and his staff in the direction of the creation of an African common market;

2- Endorses the programme of action outlined in document

E/CN.14/261 in respect of African common market and customs, and

requests the Executive Secretary to report to the Commission at its seventh session on the progress achieved?

3. Requests the Executive Secretary to pay particular attention tot

(a) The quantitative restrictions at present imposed on the move

ment of goods between African States and the possibilities of removing them;

(b) The possibilities of increasing trade between African States

by a fair distribution of productive activities, in particular of industries processing the particular natural resources of each State 5

(c) The means of ensuring that the taxes imposed on those

industries the demand for whose goods increases as a result of the African common market are fairly distributed amongst African States so as to compensate for any eventual losses in revenue suffered by States which replace imports from outside Africa by imports of African goods;

(d) The progress made in.the field of monetary co-operation

between African States on the basis of the results of the periodical meetings of high African monetary authorities.

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