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2010/224/,Euratom: Council and Commission Decision of 29… Article 89

2010/224/,Euratom: Council and Commission Decision of 29… Article 89

Economic and trade policy

Article 89

The Community and Montenegro shall facilitate the process of economic reform by cooperating to improve understanding of the fundamentals of their respective economies and the formulation and implementation of economic policy in market economies. To these ends, the Community and Montenegro shall cooperate to: (a) exchange information on macroeconomic performance and prospects and on strategies for development; (b) analyse jointly economic issues of mutual interest, including the framing of economic policy and the instruments for implementing it; and (c) promote wider cooperation with the aim to speed up the inflow of know-how and access to new technologies. Montenegro shall strive to establish a functioning market economy and to gradually approximate its policies to the stability-oriented policies of the European Economic and Monetary Union. At the request of the authorities of Montenegro, the Community may provide assistance designed to support the efforts of Montenegro in this respect. Cooperation shall also aim at strengthening the rule of law in the business area through a stable and non-discriminatory trade-related legal framework. Cooperation in this area shall include exchange of information concerning the principles and functioning of the European Economic and Monetary Union.

Read the full instrument → · Read this in context: TITLE VIII — COOPERATION POLICIES →

Other provisions in TITLE VIII — COOPERATION POLICIES

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 89 of 2010/224/,Euratom: Council and Commission Decision of 29… (LawPlayer, data as of 2026-07-04)

© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.

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