The European Economic Community and Latin American Development

Abstract

With its position in the forefront of international trade, its growing influence in the world as a major economic unit which is approaching completion and is seeking political unity, and its willingness to help the developing countries towards take-off, the Community exerts a very real pull on all the countries of the Third World — a pull which is bound to increase in the years ahead. The progress it expects to make towards economic and monetary union and hopes to make on the political front, and the openings for enlargement now afforded, will certainly give the Community additional weight and greater responsibilities vis-à-vis the rest of the world, and hence encourage the developing countries to turn to it still more.