EU discusses future of Cotonou Agreement
Brussels. The EU Foreign ministers will discuss the future of the EU partnership with African, Caribbean and Pacific states. The current partnership agreement, known as the Cotonou Agreement, will expire in 2020.
The Cotonou Agreement is the overarching framework for EU relations with African, Caribbean and Pacific (ACP) countries. It was adopted in 2000 to replace the 1975 Lomé Convention.
It is the most comprehensive partnership agreement between developing countries and the EU, covering the EU’s relations with 79 countries, including 48 countries from Sub-Saharan Africa.
The Cotonou Agreement is a close partnership based on a series of fundamental principles.
- The partners to the agreement are equal.
- The ACP countries determine their own development policies.
- Cooperation is not only among governments: parliaments, local authorities, civil society, the private sector, economic and social partners play a role as well.
- Cooperation arrangements and priorities vary according to aspects such as countries’ levels of development.
The Cotonou Agreement aims to reduce and eventually eradicate poverty and contribute to the gradual integration of the ACP countries into the world economy. It is based on three pillars: development cooperation, economic and trade cooperation, political dimension.