Common Market

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Related to the Common Market: European Common Market

Common Market:

see European Economic CommunityEuropean Economic Community
(EEC), organization established (1958) by a treaty signed in 1957 by Belgium, France, Italy, Luxembourg, the Netherlands, and West Germany (now Germany); it was known informally as the Common Market.
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Common Market

association of western European countries designed to facilitate free trade among members. [Eur. Hist.: EB, III: 1001]

Common Market

the. an informal name for the European Economic Community (now the European Community, part of the wider European Union) and its politics of greater economic cooperation between member states
References in periodicals archive ?
As such, however, the agreement reached on 30 June between both groups affirmed their commitment to peaceful coexistence, payment of compensation for past cases of criminality and measures to end insecurity surrounding the common market by establishing a joint traditional court.
Undoubtedly, the common market offers broad areas for promoting economic integration for the benefit of nationals and businesses in the grouping.
She said that the delegation was briefed on the support of the Common Market for Eastern and Southern Africa (COMESA) for the elections in the member states of the organization.
For his part, KCCI Board member Usama Al-Nesif said the common market would help GCC states avoid the negative impacts of the sharp international upheavals.
I notice that when we had a referendum on joining the Common Market and the result was in favour, there was no criticism of it being 'the device of demagogues and dictators'.
The Common Market was for med by Germany (on the understanding they had the industry) and France (on the understanding that they had the agriculture).
As a result I joined the League against the Common Market.
The decision to launch the common market was taken by the group's leaders at their last summit, which was held in Doha on Dec.
In July 2002, the European Commission decided that the state aid granted by the Spanish government to Gonzalez y Diez intended to cover the exceptional restructuring costs for 1998, 2000 and 2001 were incompatible with the common market.
This same strategy of deception was also employed decades earlier to get the unsuspecting peoples of Europe to accept the Common Market and (much more recently) the European Union.
Dear Editor, - It is claimed that Britain working with the new members of the Common Market can reduce its cumbersome bureaucracy.