Capital Movement. The Member States shall, permit the free movement of capital within the Common Market and integrate their financial structures. In this regard, the Member States shall: (a) ensure the unimpeded flow of capital within the Common Market through the removal of controls on the transfer of capital among the Member States in accordance with a timetable to be determined by the Council; (b) ensure that the citizens of and persons resident in the Member States are allowed to acquire stocks, shares and other securities or to invest in enterprises in the territories of the other Member States; and (c) encourage cross border trade in government securities such as treasury bills, development and loan stocks within the Common Market.
Appears in 4 contracts
Samples: Treaty, Treaty, Comesa Treaty
