STABEX


Also found in: Acronyms, Wikipedia.

STABEX

the system of stabilization of export earnings which was operated by the European Union to assist the developing countries who were signatories to the various Lomé conventions (now replaced by the COTONOU AGREEMENT).
References in periodicals archive ?
The waivers and kick-starting of the Stabex revolving fund, which are part of the Kenya government initiatives, are key pillars in boosting the country's coffee sector and was a key campaign plunk during the 2017 presidential election in Kenya in which President Kenyatta was controversially re-elected.
Compact and powerful, the Stabex HF LED torchlight is protected by an IP65 chemical-resistant enclosure and a mineral glass, scratchproof lens.
Moreover, STABEX funds focused on only a few countries, the major beneficiaries being Cote d'Ivoire, Senegal and Cameroon.
El cambio mas claro es que los recursos financieros del 9 FED, correspondientes a 175 millones de euros, ya no se distribuyen entre "ayuda programable" (la que se reparte entre los estados mediante la programacion al inicio del Convenio) y "ayuda no programable" (la que no es susceptible de un reparto a priori, al referirse a los mecanismos del STABEX y el SYSMIN, el apoyo al ajuste estructural y la ayuda humanitaria), sino que ahora todas esas lineas de financiamiento no programables se incluyen en un unico fondo de subvenciones, destinado a fomentar el desarrollo a largo plazo.
The new Agreement did not include the Stabex and Sysmin schemes.
4) Los paises ACP fueron incluidos en la ayuda programable en la forma de Programas Nacionales y Regionales Indicativos, mientras la ayuda no programable fue garantizada sobre una base de caso por caso, a traves de los Stabex y Sysmin: el Stabex, un esquema de estabilizacion a las exportaciones, cubre 48 productos agricolas y provee un grado de estabilidad a traves de transferencias compensatorias, y el Sysmin, el cual cubre exportaciones de minerales claves y busca salvaguardar la produccion minera.
Supported by the European Union's Stabex program, a $14-million replanting scheme was launched in Tanzania in 1997, with funds for seedlings and farm inputs channeled through the Ministry of Agriculture's Coffee Management Unit (CMU).
25 million) over the next five years, under the provisions of the European Union's STABEX allocations and Special System of Assistance (SSA) funds, which have been reserved under the Framework for Mutual obligations for the year 1993, 1994 and 1995, said Chairman of the Trust and Director of Agriculture Joseph Peltier.
ACP countries are keen to hold onto facilities like Stabex, the mechanism for stabilising export earnings from agricultural goods, and Sysmin, the special financing facility for the mining sector.
5 million under Stabex owing to the decline in the price of coffee in 1999.
The European Union (EU) is providing the money through STABEX, a program for banana assistance, and the EU's Special System of Assistance.
In a bid to stimulate replanting, the European Union decided, in 1996, to utilize some of Malawi's Stabex funds to partly finance the program.