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Regional Trade Agreements - goods (GATT) provisions. GATT: Article XXIV back to top Territorial Application — Frontier Traffic — Customs Unions and Free-trade Areas 1.

Regional Trade Agreements - goods (GATT) provisions

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. 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).

Yaoundé Convention

The First Convention (1964-1969)[edit] 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. 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.

ACP–EU development cooperation

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. Cotonou Agreement. ACP States Caribbean group East and South Africa group Pacific group.

Cotonou Agreement

African, Caribbean and Pacific Group of States. ACP States Caribbean group East and South Africa group Pacific group.

African, Caribbean and Pacific Group of States

Commissaire européen au Commerce. Traité de Lisbonne. Traité sur le fonctionnement de l'Union européenne. LexUriServ.