On 20 May 1970, at the fifth meeting of the Werner Committee to discuss the interim report, Pierre Werner drafts a handwritten note as a basis for securing a compromise between the various representatives. In this document, he summarises the points of agreement between the members of the Werner Committee, highlighting some arguments or avenues in which the work could be taken further, and adds his own proposals. These include the irrevocability of parities between the European currencies, which basically amounts to a single Community currency regime with nuances regarding external monetary policy.