European Atomic Energy Community

The success of ECSC prompted the member states to consider integration in other sectors as well. With the economic importance of coal gradually dwindling, one of the options being considered was nuclear energy, which was seen as a cheap and efficient energy source. This was why the establishment of a new organization, the purpose of which would be to create a common market of nuclear materials (plutonium 239, uranium 233 etc.) and to support their peaceful use, was being pondered. The Treaty establishing the European Atomic Energy Community (EURATOM) was thus signed on March 27^th, 1957, in Rome, together with the Treaty establishing the European Economic Community (EEC). In the former treaty, the signatories agreed to common safety standards and the structure of investments into research, as well as to mutual exchange of technical information.