ABSTRACT
This chapter provides a brief account of the way in which agreement was reached on transitional measures and periods in the fields of tariffs and agricultural prices. It argues that transition should be more rapid in the field of tariff movement, both the dismantling of internal tariffs within the enlarged Community and the move by the candidates to the Common External Tariff, than in the field of agriculture. The chapter proposes a first tariff movement of 40 per cent on 1 January, 1974; and two subsequent movements of 30 per cent each on 1 January, 1975, and 1 January, 1976. The agreement on agricultural transition was much more complicated. The chapter focuses heavily on Community Preference in agriculture. It is not easy to forecast how important the acceptance of Community Preference from the start will prove in practice. Its effects will depend on a number of detailed arrangements, and on the state of markets and supply.
