Regional Trade Agreements - goods (GATT) provisions. GATT: Article XXIV back to top Territorial Application — Frontier Traffic — Customs Unions and Free-trade Areas 1.
The provisions of this Agreement shall apply to the metropolitan customs territories of the contracting parties and to any other customs territories in respect of which this Agreement has been accepted under Article XXVI or is being applied under Article XXXIII or pursuant to the Protocol of Provisional Application. Each such customs territory shall, exclusively for the purposes of the territorial application of this Agreement, be treated as though it were a contracting party; Provided that the provisions of this paragraph shall not be construed to create any rights or obligations as between two or more customs territories in respect of which this Agreement has been accepted under Article XXVI or is being applied under Article XXXIII or pursuant to the Protocol of Provisional Application by a single contracting party. 2. 3. 4. 5. 6. 8. 9. 10. 11. 12.
Paragraph 9 Paragraph 11. Stabex. 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 second Lomé Convention (1979) with the purpose of remedying the harmful effects of the instability of export revenue from agricultural products. Stabex (along with similar mechanism for the mineral products– Sysmin that was provided for in the third Lomé Convention (1984)) 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.
Yaoundé Convention. The Yaoundé Convention was a convention signed in the city of Yaoundé, Cameroon between the EC and ASMM (African States, Madagascar and Mauritius).
The First Convention (1964-1969) The first association agreement between the EC and the 18 African ex-colonies that had recently gained independence, was signed in Yaoundé on 20 July 1963 and entered into force on 1 June 1964. It was mainly based on the previous treaty between the EC and its overseas territories and had a validity period of 5 years. The Second Convention (1971-1975) After the first treaty expired, a new one was signed on 29 July 1969. External links MEMBER STATES. ACP–EU development cooperation. ACP States 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. Main actors The European Union History Caribbean group. Cotonou Agreement. ACP States Caribbean group East and South Africa group Pacific group West African group Southern African group Central African group East Africa group The Cotonou Agreement is a treaty between the European Union and the African, Caribbean and Pacific Group of States ('ACP countries').
Aims The Cotonou Agreement is aimed at the reduction and eventual eradication of poverty while contributing to sustainable development and to the gradual integration of ACP countries into the world economy. Main principles The Cotonou Agreement replaced the Lomé Convention which had been the basis for ACP-EU development cooperation since 1975. Equality of partners and ownership of development strategies. Political dimension The Cotonou Agreement wishes to give a stronger political foundation to ACP-EU development cooperation. New actors A second new feature of the Cotonou Agreement relates to the participation of non-state actors and local governments in development cooperation.
Revision African, Caribbean and Pacific Group of States. ACP States Caribbean group East and South Africa group Pacific group West African group Southern African group Central African group East Africa group 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 Cotonou Agreement (signed in Cotonou, Benin in June 2000) is the successor to the Lomé Conventions. Many small island developing states are ACP states; the fourth Lomé Convention was revised in 1995 in Mauritius and gives special attention to island countries in this agreement. States Africa The African ACP countries negotiate in five Economic Partnership Agreements groups (West Africa, CEMAC, Southern Africa Development Community, East African Community, Eastern and Southern Africa) with the EU.
Caribbean Pacific All countries of the Pacific Islands Forum group negotiate in the Pacific EPA with the EU. North Atlantic South Atlantic Commissaire européen au Commerce. Traité de Lisbonne. Traité sur le fonctionnement de l'Union européenne. LexUriServ.