European Economic Community European Economic Community The European Economic Community (EEC) was a regional organisation which aimed to bring about economic integration among its member states. It was created by the Treaty of Rome of 1957. Upon the formation of the European Union (EU) in 1993, the EEC was incorporated and renamed as the European Community (EC). In 2009 the EC's institutions were absorbed into the EU's wider framework and the community ceased to exist. The Community's initial aim was to bring about economic integration, including a common market and customs union, among its six founding members: Belgium, France, Italy, Luxembourg, the Netherlands
Yugoslavia and the European Economic Community Yugoslavia and the European Economic Community From the establishment of the European Economic Community (later expanded into the European Union) in 1957 until the breakup of Yugoslavia in the early 1990’s, thus during the Cold War period, the Socialist Federal Republic of Yugoslavia was the only communist country in Eastern Europe which developed close relations with the organisation. Notwithstanding the occasional and informal proposals coming from both sides, Yugoslavia has never become a full member state of the EEC. Mutual interactions between the two sides have intensified in the late 1980’s and early 1990’s but all agreements were cut off