Convention on the association of the Netherlands Antilles with the European Economic Community of the Netherlands, proclaimed in 1954, instituted a Kingdom in which the three parties—the Netherlands, the Netherlands Antilles, and Suriname—participated on basis of equality, the Netherlands in 1957 only negotiated the Treaties of Rome on behalf of itself. A special protocol attached to both the Treaty establishing the European Economic Community and the Treaty establishing the European Atomic Economic Energy Community specifically declared that the Kingdom was entitled to ratify the treaties for the Netherlands and Netherlands New Guinea only, or for the Kingdom as a whole. Both treaties were indeed subsequently ratified for the Netherlands and Netherlands New Guinea
European Economic Community absorbed into the newly consolidated European Union which merged in the other two pillars (however Euratom remained distinct). This was originally proposed under the European Constitution but that treaty failed ratification in 2005. The main aim of the EEC, as stated in its preamble, was to "preserve peace and liberty and to lay the foundations of an ever closer union among the peoples of Europe". Calling for balanced economic growth, this was to be accomplished through: For the customs union, the treaty provided for a 10% reduction in custom duties and up to 20% of global import quotas. Progress on