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ACP- EU Trade. 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. Lome and Cotonou. 4 Lome conventions 1975-2000 Cotonou - 25 years
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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
Lome and Cotonou • 4 Lome conventions • 1975-2000 • 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