The Cotonou Agreement
One of the main frameworks for EU relations with Africa is the Cotonou Agreement, adopted in 2000 to replace the 1975 Lomé Convention for African, Caribbean and Pacific (ACP) countries. It is the most comprehensive partnership agreement between developing countries and the EU, covering the EU’s relations with 79 countries.
A comprehensive partnership, based on 3 pillars:
- development cooperation
- economic and trade cooperation
- the political dimension
Its central objective is to reduce and eventually eradicate poverty, consistent with the objectives of sustainable development and the gradual integration of the ACP countries into the world economy.
The EU supports programmes and initiatives benefiting multiple countries across the ACP group of countries. Specific regions within the ACP also benefit from programmes and initiatives to bring about further regional economic growth and development.
Funding for both purposes is from the European Development Fund.