28.1 The Economic Affairs Council shall be the principal organ of the Economic Union and shall be responsible for —
(a) exercising such powers and functions as are conferred upon it by this Protocol;
(b) supervising the application of this Protocol and keeping its operation under review; and
(c) considering whether further action should be taken by Protocol Member States in order to promote the attainment of the objectives of the Economic Union and facilitating the establishment of closer links with other countries, groups of countries or international organizations.
28.2 The powers of implementation of the Economic Union shall be vested in the Economic Affairs Council, acting on the direction of the OECS Authority, and the Economic Affairs Council may subject to the same direction delegate to the OECS Commission such powers as it thinks fit.
28.3 In exercising its responsibility under paragraph 2 of this Article, the Economic Affairs Council may with the approval of the OECS Authority take decisions which shall be binding on all Protocol Member States and may make recommendations to Protocol Member States.
28.4 Decisions and recommendations of the Economic Affairs Council shall be made by unanimous vote of the Protocol Member States, except in so far as this Protocol provides otherwise. Decisions or recommendations of the Economic Affairs Council shall be regarded as unanimous unless any Protocol Member State casts a negative vote. A decision or recommendation of the Economic Affairs Council pursuant to any such provision as aforesaid requires the affirmative votes of not less than two-thirds of all Protocol Member States who are full Member States, and reference in any such provision to a majority shall, in relation to the Economic Affairs Council, be construed accordingly.
28.5 The OECS Authority may —
(a) prescribe the Rules of Procedure of the Economic Affairs Council and of any bodies of the Economic Union, which may include provision that procedural questions may be decided by majority vote; and
(b) establish the financial arrangements necessary for the administrative expenses of the Economic Union and the procedure for establishing an annual budget.
28.6 The expenses of administering the Economic Union shall, unless the OECS Authority decides otherwise under the preceding paragraph, be borne by Protocol Member States in equal shares.