84.4. The Community is competent to promote the economic development of its territory with a view to furthering its economic expansion and diversity.
To that end, the Community may, in particular,(1) facilitate the establishment of businesses and the inflow of capital in its territory, and favour the carrying out of projects having a significant economic impact;
(2) promote, on outside markets, the goods and services produced in its territory;
(3) establish connections with agencies engaged in the economic development of its territory;
(4) set up sector-based concertation groups for the purpose of establishing intervention priorities.