Lomé Convention

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Lomé Convention

in the law of the EUROPEAN UNION the agreements, the fourth of which expired in 2000, which were the foundation for the Union's links with the ACP (African, Caribbean and Pacific countries) and overseas territories. It became a series of bilateral agreements with more than 60 countries. Originally concluded with a view to the post-colonial situation of some of the member states, it became an instrument of development and aid. The general basis of it was to allow the produce of Convention states to enter the Union free of the common customs tariff but without reciprocity for the Union. Member States were, however, allowed most favoured nation status. A system was developed to assist states that rely on a single product - the Union evens out the good years and the bad years: the downside was that this intervention did not encourage diversification in the beneficiary state. Present arrangements are under the COTONOU AGREEMENT of 2000.
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16) The Lome Convention allowed for lower tariff rates on ACP country bananas, whereas non-ACP countries faced a much higher tariff for bananas upon importation into the EC.
6 This convention was followed by the first Lome Convention in 1975, Lome II in 1980, Lome III in 1986, and Lome IV in 1990.
As a case in point, in none of the EU-Africa gatherings in Europe have the European Partnership Agreements (EPAs), the new trade agreements that replaced the Lome Convention, but which are devastatingly one-sided against Africa, in favour of the EU, been changed to one more beneficial to Africa.
Before the Cotonou Agreement was the 1975 Lome Convention, under which the EU granted "non-reciprocal" trade preferences to ACP countries for the export of agricultural and mineral materials duty-free to Europe.
Aznar sponsored and masterminded the European Union Common Position on Cuba (La Posicion Comun); he became the standardbearer of Cuban dissidents in Europe, and the main opponent to Cuba's closer association to the Lome Convention and its potential benefits.
The minister said Europe has to resume support to development projects in Sudan within the framework of Lome convention between the European Community (EC) and 71 African, Caribbean, and Pacific (ACP) countries.
As a consequence, during the negotiations between the African Caribbean and Pacific (ACP) group of countries and the then European Economic Community (EEC) to establish the Lome Convention, the Anglophone Caribbean rum producers argued, for the better part of twenty years, for an increasingly liberalised market system which would enable them to have greater access to the lucrative European markets.
The economic partnership agreements (EPAs) are meant to adapt EU-ACP trade relations to WTO rules, given the incompatibility of the non-reciprocal trade preferences granted to the ACP states since the Lome Convention (1975).
I remember my boss asked Barre if he minded that the new Lome Convention might have a civil rights clause.
It supplants the 1975 Lome Convention and aims to alleviate poverty and promote sustainable development and the integration of the ACP countries into the world economy.
These include the European Union's Lome Convention and the United States' Caribbean Basin Initiative (CBI), Andean Trade Preference Act (APTA), and U.