Word: euratom
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...which wants big power guarantees against nuclear blackmail in exchange for renouncing nukes is India, which worries openly about China's bomb. West Germany and Italy have strong reservations about the proposed inspection of nuclear-power reactors to assure that fuels are not diverted to weaponry. They want EURATOM, not the International Atomic Energy Agency,* to be their watchdog. They are worried that Communist nations in l.A.E.A. might take the opportunity to steal advanced industrial secrets. West Germany also vehemently opposes the absence of a time limit in the treaty. The Germans argue that it should be tried...
...does mean that the machinery for dealing with the British is at last being put in motion. Before the Rome conference adjourned, the leaders also agreed to press ahead with the plan to integrate into one organization on July 1 the three agencies of European cooperation-the Common Market, Euratom, and the Coal and Steel Community. In as chairman of the expanded commission will come Belgium's able Jean Rey, 64, replacing the Common Market's longtime chief, Walter Hallstein, who is leaving under pressure from De Gaulle because he placed too much emphasis on the Common Market...
...streamline the work of Europe, this summer the EEC will merge with the Common Market's two other institutions, Euratom and the Coal and Steel Community. The long and arduous Kennedy Round of tariff negotiations in Geneva show promise of producing a 20-25% worldwide reduction in tariffs, largely hammered out between the U.S. and the Common Market. In its relations with the outside world, the Common Market already has in force association agreements with Greece, Turkey, Nigeria, the Dutch Antilles, plus 18 former French colonies in Africa. It has trade agreements with Iran, Israel and Lebanon, is also...
More hopeful-if only because they do not face a deadline-are the prospects of a successful conclusion to the nonproliferation talks. At the heart of that hassle is a question of jurisdiction: the six Common Market members be long to Euratom while Russia and the U.S. (along with 93 other nations) belong to the International Atomic Energy Agency (IAEA), the organization that the two superpowers want to serve as inspector of the treaty...
...wooing Eastern Europe. France has been striving to oust EEC Commission President Walter Hallstein, a persistent foe of De Gaulle's narrow nationalist design for Europe. With the present nine-man EEC commission shortly due to be consolidated with the Coal and Steel Community and Euratom into a single 14-man executive body, the other five nations have concocted a deal to keep Hallstein on the job two years more. After that, the commission presidency would rotate as the French demand, allowing West German Hallstein to retire gracefully...