§ The five Ministers of Finance,
§ Considering:
- that during the meeting of the Committee of European Economic Co-operation held at Paris in 1947, the Belgian, Netherlands and Luxembourg Delegations proposed the organisation of a multilateral system of payments in Europe.
- that in order to enable commerce among the participating countries to continue and develop, such a system allowing for reasonable mutual assistance should be established.
§ Agree:
- (a) that their experts should remain at Brussels to establish a scheme in the light of the directions given to them by the Ministers during their present meeting;
- (b) that this scheme when approved by the governments should be presented to the O.E.E.C.