CHAPTER FOURTEEN MONETARY AND FINANCIAL CO-OPERATION ARTICLE 82 Scope of Co-operation 1. In order to promote the achievement of the objectives of the Community as set out in Article 5 of this Treaty, the Partner States undertake to co-operate in monetary and fiscal matters in accordance with the approved macro-economic policies harmonisation programmes and convergence framework of the Community in order to establish monetary stability within the Community aimed at facilitating economic integration efforts and the attainment of sustainable economic development of the Community. To this end, the Partner States shall: 2. (a) co-operate in monetary and financial matters and maintain the convertibility of their currencies as a basis for the establishment of a Monetary Union; (b) harmonise their macro-economic policies especially in exchange rate policy, interest rate policy, monetary and fiscal policies; and (c) remove obstacles to the free movement of goods, services and capital within the Community. The Partner States shall in order to implement the provisions of paragraph 1 of this Article, inter alia: (a) maintain the existing convertibility of their currencies to promote the use of national currencies in the settlement of payments for all transactions among the Partner States thereby economising on the use of foreign currency; (b) take measures that would facilitate trade and capital movement within the Community; (c) develop, harmonise and eventually integrate the financial systems of the Partner States; and (d) implement the provisions of this Treaty relating to monetary and financial co-operation. 58