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Treaty of Rome: Foundation of European Integration
Last Updated
25th March, 2025
Date Published
24th March, 2025
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Context:
This analysis, signed on March 25, 1957, the Treaty of Rome established the European Economic Community (EEC), marking a pivotal moment in European integration. It reflects the post-World War II vision of economic cooperation to ensure peace and prosperity, offering insights into international relations and economic unions as of March 25, 2025.
Crisp Information in Points:
- Signing and Origin: The Treaty of Rome was signed on March 25, 1957, in Rome by Belgium, France, West Germany, Italy, Luxembourg, and the Netherlands, known as the "Inner Six."
- Purpose: It created the European Economic Community (EEC) to form a common market and customs union, promoting free movement of goods, services, labor, and capital.
- Dual Treaties: Alongside the EEC treaty, the Treaty Establishing the European Atomic Energy Community (Euratom) was signed to foster peaceful nuclear energy development; both are collectively called the Treaties of Rome.
- Historical Context: Emerged from the 1955 Messina Conference, building on the European Coal and Steel Community (ECSC) of 1951, to deepen economic ties and prevent future European conflicts.
- Key Provisions: Established a customs union with phased tariff reductions, a Common Agricultural Policy (CAP), a Common Transport Policy, and the European Social Fund.
- Institutions Created: Set up the European Commission, Council of Ministers, Parliamentary Assembly (later the European Parliament), and the European Court of Justice for governance and legal oversight.
- Evolution: Renamed the Treaty on the Functioning of the European Union (TFEU) after the 2009 Lisbon Treaty, which eliminated the European Community (EC) and integrated it into the EU framework.
- Global Impact: Laid the groundwork for the modern European Union, influencing economic integration models worldwide and shaping post-war European stability.
Key Terms:
- European Economic Community (EEC): A regional organization for economic integration among six European nations.
- Customs Union: An agreement to eliminate trade barriers and adopt common external tariffs.
- Euratom: European Atomic Energy Community for peaceful nuclear energy cooperation.
- Common Market: A market with free movement of goods, services, labor, and capital.
- European Commission: Executive body proposing legislation and managing EU policies.
- Treaty on the Functioning of the European Union (TFEU): Current name of the Treaty of Rome post-Lisbon Treaty.
- Messina Conference: 1955 meeting that initiated talks leading to the Treaty of Rome.