ACP- EU Trade

Regional Overview  million people  GDP 472 bn Euros  Total EU-ACP trade 86.5 bn Euros  This represents 4.3% EU trade but 29.7% of ACP trade  Co-operation established in Treaty of Rome  Yaounde 1963

Lome and Cotonou  4 Lome conventions   Cotonou - 25 years  Signed June 2000  5 principle objectives

Africa  French ‘Eurafrica’  Doha Round – the round for Africa  Sub-saharan problems  The African union  Agadir free trade

Caribbean  Caribbean Community (CARICOM)  Agricultural trade – sugar, bananas, rum, mineral products  EPAs (Economic Partnership Agreements)  Risks and advantages

Pacific  Pacific countries  Sample of the agreements: –Cook Islands –Federated States of Micronesia –Fiji –Nauru –Solomon Islands –Tonga