ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Future of Aid Consortium

October 28, 1967 such arguments do not wash with de Gaulle. If there were any hopes that France might soften, these were shattered at the EEC Council meeting held at Luxemburg this week. For once and with devastating effect, Prance spelt out its terms for negotiations with Britain: Britain should dissolve the sterling area, restore her balance of payments, accept without reservations the CET (Common External Tariff) and common agricultural policy and seek no transitional period, after joining the Community, for switching to the common agricultural policy. And, devalue the pound. By any standard these are tough terms. They were, one may presume, intended to be just that.

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