European Community
European Community: created as a legal entity by the Treaty of Maastricht as the successor of the European Economic Community (EEC or the Common Market). Often shortened to EC. The term "European Community" was often used before the entry into force of the Treaty of Maastricht to mean the EEC, but other authors meant the European Communities by it. The exact meaning is usually clear from the context. See also enlargement, European Union and Treaty of Maastricht. European Community and European Union treaties: this entry outlines the main treaties underlying the European Union. The European Economic Community was established on 1 January 1958 through the Treaty of Rome. The Merger Treaty of 1965 unified the separate bodies heading the European Atomic Energy Community, the European Coal and Steel Community and the European Economic Community into the European Commission. The Single European Act of 1987 eliminated remaining barriers between the member states. The Treaty of Maastricht established the European Union on 1 November 1993. The Treaty of Amsterdam which entered into force on 1 May 1999 simplified and consolidated the treaties constituting the law of the European Union. The Treaty of Nice is aimed at preparing European Union institutions for the enlargement likely to occur over the next few years.
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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