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The Stabex (from French Système de Stabilisation des Recettes d'Exportation) is the acronym for a European Commission compensatory finance scheme to stabilise export earnings of the ACP countries. It was first introduced in the first Lomé Convention (1975) [1] with the purpose of remedying the harmful effects of the instability in export revenue from agricultural products.
French is a Romance language of the Indo-European family. It descended from the Vulgar Latin of the Roman Empire, as did all Romance languages. French evolved from Gallo-Romance, the spoken Latin in Gaul, and more specifically in Northern Gaul. Its closest relatives are the other langues d'oïl—languages historically spoken in northern France and in southern Belgium, which French (Francien) has largely supplanted. French was also influenced by native Celtic languages of Northern Roman Gaul like Gallia Belgica and by the (Germanic) Frankish language of the post-Roman Frankish invaders. Today, owing to France's past overseas expansion, there are numerous French-based creole languages, most notably Haitian Creole. A French-speaking person or nation may be referred to as Francophone in both English and French.
The European Commission (EC) is an institution of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU. Commissioners swear an oath at the European Court of Justice in Luxembourg City, pledging to respect the treaties and to be completely independent in carrying out their duties during their mandate. Unlike in the Council of the European Union, where members are directly and indirectly elected, and the European Parliament, where members are directly elected, the Commissioners are proposed by the Council of the European Union, on the basis of suggestions made by the national governments, and then appointed by the European Council after the approval of the European Parliament.
The Lomé Convention is a trade and aid agreement between the European Economic Community (EEC) and 71 African, Caribbean, and Pacific (ACP) countries, first signed in February 1975 in Lomé, Togo.
Stabex (along with similar mechanism for the mineral products– Sysmin that was provided for in the second Lomé Convention (1979)) was abolished by Cotonou Agreement in 2000. The agreement has been linked closely to that of the IMF compensatory package. However the debate rages that these aren't as effective as free trade due to the long run instability of the products.
The Cotonou Agreement is a treaty between the European Union and the African, Caribbean and Pacific Group of States. It was signed in June 2000 in Cotonou, Benin's largest city, by 78 ACP countries and the then fifteen Member States of the European Union. It entered into force in 2003 and was subsequently revised in 2005 and 2010.
Malawi's former President Bakili Muluzi continued the pro-Western foreign policy established by former President Hastings Banda. It maintains excellent diplomatic relations with principal Western countries. Malawi's close relations with South Africa throughout the apartheid era strained its relations with other African nations. Following the collapse of apartheid in 1994, Malawi developed, and currently maintains, strong diplomatic relations with all African countries.
The economy of Togo has struggled greatly. The International Monetary Fund (IMF) ranks it as the tenth poorest country in the world, with development undercut by political instability, lowered commodity prices, and external debts. While industry and services play a role, the economy is dependent on subsistence agriculture, with industrialization and regional banking suffering major setbacks.
Lome may refer to:
The European Union has a number of relationships with nations that are not formally part of the Union. According to the European Union's official site, and a statement by Commissioner Günter Verheugen, the aim is to have a ring of countries, sharing EU's democratic ideals and joining them in further integration without necessarily becoming full member states.
The African, Caribbean and Pacific Group of States (ACP) is a group of countries in Africa, the Caribbean, and the Pacific that was created by the Georgetown Agreement in 1975. The group's main objectives are sustainable development and poverty reduction within its member states, as well as their greater integration into the world's economy. All of the member states, except Cuba, are signatories to the Cotonou Agreement with the European Union.
The Caribbean-Canada Trade Agreement known as ("CARIBCAN") is a Canadian government programme, established in 1986 by the Parliament of Canada. The agreement was created to promote trade, investment and provide industrial cooperation through the preferential access of duty-free goods from the countries of the Commonwealth-Caribbean to the Canadian market.
The Fiji Mission to the European Union is responsible for Fiji's diplomatic relations with the European Union and with all member countries, except those with which Fiji maintains specific diplomatic relations, such as the United Kingdom.
See Arusha (disambiguation).
Economic Partnership Agreements are a scheme to create a free trade area (FTA) between the European Union and the African, Caribbean and Pacific Group of States (ACP). They are a response to continuing criticism that the non-reciprocal and discriminating preferential trade agreements offered by the EU are incompatible with WTO rules. The EPAs date back to the signing of the Cotonou Agreement. The EPAs with the different regions are at different states of play. In 2016, EPAs with three African Regional Economic Communities were to be signed but faced challenges.
Development cooperation between the European Union (EU) and the countries of the African, Caribbean and Pacific Group of States (ACP) celebrated its 50th anniversary in 2007. Although bilateral relations have always been and still remain one of the main features of modern development cooperation, it was the Treaty of Rome in 1957 which first established a collective European development policy. The Treaty of Rome granted associated status to 31 overseas collectivities and territories (OCTs) and provided for the creation of a European Development Fund (EDF) intended to grant technical and financial assistance to the countries which were still under European rule at the time. More significantly, however, by means of the Treaty of Rome the six member states of the European Economic Community were expressing solidarity with the colonies and OCTs and committed themselves to contribute to their prosperity. The EDF has to date been funded outside the EU budget by the EU Member States on the basis of financial payments related to specific contribution shares, or “keys”, which are subject to negotiation. The EDF is currently the only EU policy instrument that is financed through a specific key that is different from the EU budget key, and which reflects the comparative interests of individual Member States.
Yaovi Prosper Adodo is a former Togolese diplomat and politician. Adodo was the Minister of Foreign Affairs from 1987 to 1991 under President Gnassingbé Eyadéma. He was previously Minister of Planning and Industry, in which capacity he signed the Third ACP-EEC Convention in Lomé on 8 December 1984.
The Courier was an ACP-EU development magazine published by the Development Directorate General of the European Commission, focusing on ACP-EU Development Cooperation. Financed by the European Development Fund (EDF), it was published every two months, till it came to end in 2011. Its last edition was nr 24 covering months of July and August 2011. Its overall stated objective is to communicate, explain, promote and support the development objectives and principles of the Cotonou Agreement.
Iceland–Norway relations are foreign relations between Iceland and Norway. Iceland has an embassy in Oslo and Norway has an embassy in Reykjavík.
Cotton is an important crop to the economy of Chad.
The global waste trade is the international trade of waste between countries for further treatment, disposal, or recycling. Toxic or hazardous wastes are often exported from developed countries to developing countries, also known as countries of the Global South. Therefore, the burden of the toxicity of wastes from Western countries falls predominantly onto developing countries in Africa, Asia, and Latin America. The World Bank Report What a Waste: A Global Review of Solid Waste Management, describes the amount of solid waste produced in a given country. Specifically, countries which produce more solid waste are more economically developed and more industrialized. The report explains that "[g]enerally, the higher the economic development and rate of urbanization, the greater the amount of solid waste produced.” Therefore, countries in the Global North, which are more economically developed and urbanized, produce more solid waste than Global South countries.
Eurafrica, also known as Eurafrika, refers to the German idea of strategic partnership between Africa and Europe. In the decades before World War II, German supporters of European integration advocated a merger of African colonies as a first step towards a federal Europe. As a genuine political project, it played a crucial role in the early development of the European Union but was largely forgotten afterwards. In the context of a renewed EU Strategy for Africa, and controversies about a Euromediterranean Partnership, the term went through a sort of revival in the last years.
Kenya–Sierra Leone relations are bilateral relations between Kenya and Sierra Leone.
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