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Cotonou Agreement

Exporting Cocoa from Ghana as part of the Conou Agreement (Photo: European Commission)

Relations between the European Union and the African, Caribbean and Pacific (ACP) states have now been fixed in the Cotonou Agreement, signed in 2000 in the Capital of Benin. Following the former Lomé V Convention, the Cotonou Agreement was renegotiated for 20 years.
The main innovation of Cotonou is the expansion of the EU co-operation into the political sphere.

Notes

• The agreement now covers 78 ACP countries.
• Financial resources for 2000 to 2007 are 25 Billion Euro.

Links

See also Aid and Development and European Development Fund.
http://www.acpsec.org/gb/cotonou/accord1.htm