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Lomé Convention

Sandra Santos

No 139, Discussion Papers from VATT Institute for Economic Research

Abstract: This paper examines the EU development cooperation policy and the Lomé convention system. Development cooperation policy aims to achieve a socially and economically sustainable development in the poorest countries. In 1975 the European Community member states and a group of African, Caribbean and the Pacific countries (ACP-countries) held the Lomé Convention. Today the number of ACP-countries is 70. The trade preferences provided by the Lomé Convention have not been sufficient to enhance the export growth and increase diversification. The continuation of the Lomé Convention after the year 2000 is at present under discussions. Finnish firms can possibly participate in the European Development Fund projects towards the end of 1997.

Keywords: EU development cooperation policy, EU external trade policy, European Development Fund, Economic growth, Taloudellinen kasvu, International comparisons, Kansainväliset vertailut, Taxation and Social Transfers, Julkisen talouden rahoitus ja tulonsiirrot, F010 - Global Outlook, F400 - Macroeconomic Aspects of International Trade and Finance: General, O190 - International Linkages to Development; Role of International Organizations (includes international assistance programs, trade and financial flows; IMF conditionality), (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:fer:dpaper:139

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