Organization for European Economic Cooperation

Abstract

The Intergovernmental Committee of Ministers engaged in negotiating the proposed free trade area met in Paris, July 24–25, 1958. It was reported that following the session, the chairman of the group, Mr. Reginald Maudling, expressed hope for a definite agreement on most major issues. He stated that if real progress toward an accord were attained, less importance would be attached to the much-discussed proposal to extend to the members of OEEC the 10 percent tariff reductions to be made among the members of the European Economic Community.