(c) Harmonization of existing production, taking into account the traditional flow of trade between the four countries;
(d) Creation of new industries;
(e) Co-ordination of transport and particularly of port facilities.
The four Governments aim at making the best use of the common resources available, and to promote, in so far as each is concerned, the progressive recovery of international trade.
Article II
A Council for Economic Co-operation shall be set up for the purpose of studying the problems referred to in Article I of the present agreement and of proposing solutions to the four Governments concerned.
The Council shall consider the possibilities of co-ordinating the policy of the four Governments with regard to fixing and controlling prices, social security and "full employment", fiscal control, customs duties and quotas.
Article III
The Council shall consist of three delegations representing respectively the Governments of the Belgo-Luxembourg Economic Union, the Netherlands and the French Republic.
Article IV
The Council shall meet once a month.
The three delegations shall agree to appoint Tripartite Commissions of experts to assist the Council in all matters within its competence.
There shall be a permanent Secretariat responsible for providing a constant liaison between the signatory Governments, the Council for Economic Cooperation and the Tripartite Commission. One of its essential tasks shall be to assemble the documentation required for the work of the Council.
Article V
The present agreement shall enter into force after ratification by the four Governments and the instruments of ratification shall be exchanged at Paris as soon as possible.
The agreement may be denounced at any time by any one of the High Contracting Parties by giving three months' previous notice.
