tives they have approved
in the context of the United Nations and other competent international
organizations.
ARTICLE 130v
The Community shall take account of the objectives referred to in
Article 130u in the policies that it implements which are likely to affect
developing countries.
ARTICLE 130w
1.. Without prejudice to the other provisions in this Treaty the Council,
acting in accordance with the procedure referred to in Article 189c,
shall adopt the measures necessary to further the objectives referred
to in Article 130u. Such measures may take the form of multiannual
programmes.
2. The European Investment Bank shall contribute, under the terms
laid down in its Statute, to the implementation of the measures
referred to in paragraph 1.
3. The provisions of this Article shall not affect co-operation with the
African, Caribbean and Pacific countries in the framework of the ACP-
EEC Convention.
ARTICLE 130x
1. The Community and the Member States shall co-ordinate their
policies on development co-operation and shall consult each other on
their aid programmes, including in international organizations and
during international conferences. They may undertake joint action.
Member States shall contribute if necessary to the implementation of
Community aid programmes.
2. The Commission may take any useful initiative to promote the co-
ordination referred to in paragraph 1.
ARTICLE 130y
Within their respective spheres of competence, the Community and
the Member States shall co-operate with third countries and with the
competent international organizations. The arrangements for
Community co-operation may be the subject of arrangements between
the Community and the third parties concerned, which shall be
negotiated and concluded in accordance with Article 228.
The previous paragraph shall be without prejudice to Members States'
competence to negotiate in international bodies and to conclude
international agreements."
E. In Part Five "Institutions of the Community"
39) Article 137 shall be replaced by the following:
"ARTICLE 137
The European Parliament, which shall consist of representatives of the
peoples of the States brought together in the Community, shall
exercise the powers conferred upon it by this Treaty."
40) Paragraph 3 of Article 138 shall be replaced by the following:
"3. The European Parliament shall draw up proposals for elections by
direct universal suffrage in accordance in accordance with a uniform
proc