European Union and West Germany signed the Treaty of Rome, which created the European Economic Community (EEC) and established a customs union. They also signed another pact creating the European Atomic Energy Community (Euratom) for co-operation in developing nuclear energy. Both treaties came into force in 1958. The EEC and Euratom were created separately from the ECSC, although they shared the same courts and the Common Assembly. The EEC was headed by Walter Hallstein (Hallstein Commission) and Euratom was headed by Louis Armand (Armand Commission) and then Étienne Hirsch. Euratom was to integrate sectors in nuclear energy while the EEC would develop
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