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policy.
Under the terms of the Second Yaoundé Convention
the Community has agreed to lower the obstacles placed by the
Common Agricultural Policy on imports of rice, manioc, beef,
processed fruits and vegetables, chocolate and tapioca.
9. The preferential arrangements referred to above include
rules or origin for the goods concerned in the exporting
member state or associate.
The
10. There are also provisions concerning the "right of
establishment", that is the right to establish businesses or
other enterprises and to undertake professional practice.
associates must accord equal treatment in this field to all
member states and enjoy reciprocal rights for the associates
in the member states, subject to a reservation regarding certain
special cases which might need specific arrangements.
Financial and Technical Assistance
11.
The Treaty of Rome provides for an EEC Overseas Development
Fund made up of contributions from memoer states, to be used
for economic and social development in the associated countries
and territories. The size of the fund for the first five years
(1958-62) was 581 million units of account (a unit of account
is equivalent to a U.S. dollar). Under the Association arrange-
ments which came into force in 1964, a second fund was set up,
the European Development Fund, totalling 730 m. u/a, to which
was added 70 m. u/a which could be called on from the European
/Investment
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