- The Council for Trade and Economic Development shall consist of Ministers designated by the Member States. Each Member State shall be entitled to designate alternates to represent it on COTED.
- Subject to the provisions of Article 12, COTED shall be responsible for the promotion of trade and economic development of the Community. In particular, COTED shall:
(a) promote the development and oversee the operation of the CSME;
(b) evaluate, promote and establish measures to enhance production, quality control and marketing of industrial and agricultural commodities so as to ensure their international competitiveness;
(c) establish and promote measures to accelerate structural diversification of industrial and agricultural production on a sustainable and regionally- integrated basis;
(d) determine and promote measures for the accelerated development and marketing of services;
(e) promote and develop policies and programmes to facilitate the transportation of people and goods;
(f) promote measures for the development of energy and natural resources on
a sustainable basis;
(g) establish and promote measures for the accelerated development of science and technology;
(h) promote and develop policies for the protection of and preservation of the environment and for sustainable development;
(i) promote and develop, in collaboration with the Council for Foreign and Community Relations, co-ordinated policies for the enhancement of external economic and trade relations of the Community, and
(j) undertake any additional functions remitted to it by the Conference, arising under this Treaty.