Cotonou Agreement 2019

One of the pillars of political cooperation between the two blocs is human rights, democratic principles and the rule of law, which both sides have committed to respect. This cooperation is governed by Article 96 of the Agreement, which allows for the suspension of aid in the event of repeated violations of human rights. CONCORD`s vision for the future partnership agreement between the EU and the ACP countries The most radical amendment introduced by the Cotonou Agreement concerns trade cooperation. Since the first Lomé Convention in 1975, the EU has granted non-reciprocal trade preferences to ACP countries. However, under the Cotonou Agreement, this system has been replaced by the Economic Partnership Agreements (EPAs), a new regime that entered into force in 2008. .

Comments are closed.