ACP–EU development cooperation and which reflects the comparative interests of individual Member States. Beginning in 1957 (Rome Treaty) a group of 6 nations in Western Europe, France, Germany, Italy, The Netherlands, Belgium, and Luxembourg, created the European Economic Community (EEC). These member states were gradually joined by others through various waves of enlargement and became the European Union. Similarly to European expansion, at the time of the Treaty of Rome, there were a limited number of nations involved. Beginning with 18 countries and territories that had special relations with the member states, the so-called Associated States gained membership, eventually establishing the group known
Yugoslavia and the European Economic Community EEC has been opened. In 1977 the EEC granted access to the European Investment Bank to Yugoslavia. By 1980 European Investment Bank granted two loans in total value of 50 million of ECUs to link the Yugoslav high-voltage electricity distribution network to the Greek and Italian grids and for the construction of part of the trans-Yugoslav road. In 1978, the European Community and the Yugoslavia began negotiations on a Cooperation Agreement, which was signed in April 1980 and entered into force in April 1983. Cooperation Agreement contained provisions concerning trade, financial aid and cooperation in the areas of industry, science