Cotonou 2000 ACP-EU Agreement

Sectors : Agricultural investment and production, Employment and Training, Financial Institutions, markets, services and microfinance, ICT, Industry, Infrastructure General, Food security
Organisation : EU
Date made: 
Heads Of State
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Commitments in: Private Sector development and financial services for the poor - Employment and Training


Economic sector development

Cooperation shall support sustainable policy and institutional reforms and the investments necessary for equitable access to economic activities and productive resources, particularly:

(a) the development of training systems that help increase productivity in both the formal and the informal sectors;
(b) capital, credit, land, especially as regards property rights and use;
(c) development of rural strategies aimed at establishing a framework for participatory decentralised planning, resource allocation and management;
(d) agricultural production strategies, national and regional food security policies, sustainable development of water resources and fisheries as well as marine resources within the economic exclusive zones of the ACP States. Any fishery agreement that may be negotiated between the Community and the ACP States shall pay due consideration to consistency with the development strategies in this area;
(e) economic and technological infrastructure and services, including transport, telecommunication systems, communication services and the development of information society;
(f) development of competitive industrial, mining and energy sectors, while encouraging private sector involvement and development;
(g) trade development, including the promotion of fair trade;
(h) development of business, finance and banking; and other service sectors;
(i) tourism development; and
(j) development of scientific, technological and research infrastructure and services; including the enhancement, transfer and absorption of new technologies;
(k) the strengthening of capacities in productive areas, especially in public and private sectors.”


Commitments in: Agriculture - Food security

Food security

1. With regard to available agricultural products, the Community undertakes to ensure that export refunds can be fixed further in advance for all ACP States in respect of a range of products drawn up in the light of the food requirements expressed by those States.

2. Advance fixing shall be for one year and shall be applied each year throughout the life of this Agreement, it being understood that the level of the refund will be determined in accordance with the methods normally followed by the Commission...”