The Treaty of Rome, also known as the EEC Treaty, is officially regarded as the pact that culminated in forming the European Economic Community (EEC). The EEC was a progressive venture that brought many European nations together under a common internal market. You will read more about this later.
Signed on the 25th of March 1957 by Belgium, France, Italy, Luxembourg, the Netherlands, and West Germany, the Treaty of Rome came into force in January 1958.
The Treaty was a path-breaking proposal aimed to merge the European nations under a unified internal market system to ease the free flow of goods, labour, services, and capital across and within its member countries. It also put forward the idea of establishing a customs union that would reduce the imposition of customs duties. In addition, the Treaty also proposed a Common Agriculture Policy, a Common Transport Policy, and a European Social Fund, and it also helped establish the European Commission.
The Treaty of Rome, despite all its later amendments, is still acknowledged as one of the most important treaties in the European Union and is better known as the ‘Treaty on the Functioning of the European Union’.
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