PART FOUR ASSOCIATION OF OVERSEAS COUNTRIES

(*) The words “Denmark” have been added by Article 2 of the Greenland Treaty.

(**) First sentence, with the exception of the words “Denmark”, as amended by Article 24 (1) AA DK / IRL / RU in the version resulting from Article 13 of the DA AA DK / IRL / RU.

The aim of the association is the promotion of the economic and social development of the countries and territories, and the establishment of close economic relations between them and the Community as a whole.

In accordance with the principles set out in the preamble of this treaty, the association must first of all make it possible to promote the interests of the inhabitants of these countries and territories and their prosperity, so as to lead them to the economic, social and cultural development they expect. .

1. Member States shall apply to their trade with countries and territories the treatment which they accord between themselves by virtue of this Treaty.
2. Each country or territory applies to its trade with Member States and other countries and territories the regime it applies to the European State with which it has special relations.
3. Member States contribute to the investments required for the progressive development of these countries and territories.
4. For investments financed by the Community, participation in tenders and supplies is open, on equal terms, to all natural and legal persons who are nationals of the Member States and of the countries and territories.
5. In relations between the Member States and the countries and territories, the right of establishment of nationals and companies is regulated in accordance with the provisions and by application of the procedures provided for in the chapter relating to the right of establishment and on a non-discriminatory basis, subject to special arrangements made under section 136.

2. On entry into each country and territory, customs duties on imports from Member States and from other countries and territories shall be phased out in accordance with the provisions of Articles 12, 13, 14, 15 and 17.

3. However, the countries and territories may levy customs duties which meet the necessities of their development and the needs of their industrialization or which, of a fiscal nature, are intended to supply their budget.

The duties referred to in the above paragraph are, however, gradually reduced to the level of those imposed on imports of products from the Member State with which each country or territory maintains special relations. The percentages and the rate of reductions provided for in this Treaty shall apply to the difference existing between the duty imposed on the product from the Member State which has special relations with the country or territory and that which applies to the same product in from the Community on entry into the importing country or territory.

4. Paragraph 2 shall not apply to countries and territories which, by reason of the particular international obligations to which they are subject, already apply on the entry into force of this Treaty a non-discriminatory customs tariff.

5. The establishment or modification of customs duties on goods imported into countries and territories must not give rise, in law or in fact, to direct or indirect discrimination between imports from the various Member States.

Before the expiry of the agreement provided for in the above paragraph, the Council, acting unanimously, shall establish, on the basis of the achievements acquired and on the basis of the principles enshrined in this Treaty, the provisions to be made for a new period. .

(*) Article added by article 3 of the Greenland Treaty.

The provisions of Articles 131 to 136 are applicable to Greenland subject to the specific provisions for Greenland appearing in the Protocol on the special treatment applicable to Greenland, annexed to this Treaty.