An analysis and overview of the economic relations between Turkey and the European Economic Community Page: 14
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14
and the severe national agricultural protection was
liberalized.
The Benelux integration plan involved not only the
establishment of a customs union but also the eventual
development of a economic union. Labor was to move freely
across Benelux frontiers, and full inter-country capital
mobility was also to be assured. Economic tensions and
dislocations were to be mitigated by the effective coor-
dination of the economic policies of the member countries.
In the early fifties the Benelux showed signs of
advance toward economic integration. The "Agreement on
the Status of Pre-economic Union" of 1949 instituted a
system of cooperation between interest groups of the
commercial, agricultural, and industrial sectors of the
three economies for the purpose of preparing the way for
more binding action. 4 Although the desirability of an
economic union was agreed upon, it was thought that the
coordination of economic, fiscal, and social policies of
the three countries would have to be achieved before full
economic union would be possible.
In 1950, consumption taxes were harmonized,and customs
duties were coordinated. Conventions on harmonizing social
security legislation and on free labor mobility were pro-
mulgated a short time later. Protocols in 1953 established
a program of concerted action on external trade policy and
4Ibid., p. 13.
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Ateṣ, Hüseyin. An analysis and overview of the economic relations between Turkey and the European Economic Community, dissertation, August 1978; Denton, Texas. (https://digital.library.unt.edu/ark:/67531/metadc332528/m1/24/: accessed July 18, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; .