Article 44: Measures to Facilitate Establishment, Provision of Services and Movement of Capital
- In order to facilitate the exercise of the rights provided for in this Chapter,\COTED and COFAP shall, subject to the approval of the Conference, adopt appropriate measures for:
(a) the establishment of market intelligence and information systems in the Community;
(b) harmonised legal and administrative requirements for the operation of partnerships, companies, or other entities;
(c) abolition of exchange controls in the Community, and free convertibility of the currencies of the Member States;
(d) the establishment of an integrated capital market in the Community;
(e) convergence of macro-economic performance and policies through the co- ordination or harmonisation of monetary and fiscal policies, including, in particular, policies relating to interest rates, exchange rates, tax structures and national budgetary deficits;
(f) the establishment of economical and efficient land, sea and air transport services throughout the Community, and
(g) the establishment of efficient communication services.
- COFAP and COTED shall establish a comprehensive set of rules in respect of the areas listed in paragraph 1 of this Article for approval by the Conference.