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Overview of EU-ACP Trade Relations: Key Facts and Agreements

This report provides an in-depth overview of trade relations between the European Union (EU) and African, Caribbean, and Pacific (ACP) countries. With a combined population of 736.3 million and a GDP of €472 billion, EU-ACP trade reached €86.5 billion, accounting for 4.3% of EU trade and 29.7% of ACP trade. Established through the Treaty of Rome and strengthened by agreements such as the Yaoundé Convention, Lomé Conventions, and the Cotonou Agreement, this relationship aims to enhance cooperation and address challenges in the regions, including agricultural trade and Economic Partnership Agreements.

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Overview of EU-ACP Trade Relations: Key Facts and Agreements

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  1. ACP- EU Trade

  2. Regional Overview • 736.3 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

  3. Lome and Cotonou • 4 Lome conventions • 1975-2000 • Cotonou - 25 years • Signed June 2000 • 5 principle objectives

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

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

  6. Pacific • Pacific countries • Sample of the agreements: • Cook Islands • Federated States of Micronesia • Fiji • Nauru • Solomon Islands • Tonga

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