The State undertakings provide for foreign trade as well as wholesale commerce. All commercial transactions are directed by the State.
7.—(1) The H.P.R. recognises and supports the rights of the working peasants to the land and considers it its duty to promote the socialist development of agriculture by the organisation of State farms and agricultural machine stations and by the support of production co-operatives, formed by voluntary association and functioning by common work.
(2) The State recognises and supports every real co-operative movement of the workers directed against their exploitation.
8.—(1) The Constitution recognises and protects property acquired by work.
(2) Private property and individual initiative may not infringe public interests,
(3) The Constitution ensures the right of inheritance.
9.—(1) The basis of the social order of the H.P.R. is work.
(2) Private property and individual initiative may not infringe public interests.
(3) The workers, by their work, participation in competitive work, increase of work discipline and perfecting of working methods, serve the cause of socialist building.
(4) The H.P.R. aims at the realisation of the socialist principle “Everyone according to his ability and to everyone according to his work”.
Chapter 3
The Supreme Organ of State Power
10.—(1) The supreme organ of State power in the H.P.R. is the National Assembly.
(2) The National Assembly exercises all rights issuing from the sovereignty of the people and decides upon the organisation of the Government, its policy and purpose.
(3) The National Assembly has authority to:—
(a) Constitute laws;
(b) Decide upon the State budget;
(c) Determine the people’s economic plan;
(d) Elect the Presidium of the People’s Republic;
(e) Elect the Council of Ministers;
(f) Set up and abolish Ministries; decide and, when necessary, change the sphere of operations of any one of them;
