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Monday, 23 November 2009

The Lisbon Treaty and ACP-EU relations

The Lisbon Treaty, signed by the 27 Member States in 2007, is set to provide the European Union with modern institutions optimizing working methods to tackle today's challenges in a changing global world. It will amend the current EU treaties, providing the Union with new legal framework and tools. Focal points are the creation of a more democratic and transparent Europe, the promotion of efficiency, of rights and values, freedom, solidarity and security, the will to be an actor on the global stage. EU is the world's biggest trader and provider of aid to developing countries (over 50% of all development aid worldwide). With the Lisbon Treaty Europe wants to speak with a louder voice on international issues, changing his external relations. The Lisbon Treaty is going to change the old relationship between EU and ACP countries, rationalizing the EU development architecture. Revisiting the Common Commercial Policy, the Lisbon Treaty changes EU trade policy, which action includes “the integration of all countries into the world economy, including through the progressive abolition of restrictions on international trade”.

Source: Equilibri