The signing of the first ACP-EEC Lome Agreement in 1975 seemed, therefore, to be the culmination of a decade-long struggle by developing states to achieve these development objectives.
Throughout the period 1973-5, when the ACP-EEC officials were negotiating the Lome agreement, the Anglophone Caribbean rum producers, represented by the West Indies Spirits Producers Association (WIRSPA) had been of the understanding that they would be able to sell their rums widely within the European markets, free from any quantitative trade restrictions.
Nevertheless, despite certain drawbacks in the Lome Agreements, the ACP Group remained strongly committed to a continuation of the cooperation with its European partners.
Aid management under the Lome agreement is now criticized for its general ineffectiveness in promoting sustainable development in ACP countries.
The incoming Government will have to grapple with difficulties such as the impact of the General Agreement on Tariffs and Trade (Gatt) regime which came into force in January and will cut back the value of Lome agreements
. The new Government will also have to look for new sources of revenue and employment given that the country can no longer be considered a low cost producer.