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Wednesday, 10 February 2016

EU considers enlarging Cotonou Agreement into Latin America and Asia

Relations between the EU and a large group of developing countries are set to change as the Cotonou Agreement nears its end. Some argue that the cooperation deal should be enlarged into Latin America and Asia. EurActiv France reports. A cornerstone of development cooperation and trade relations between the EU and the African, Caribbean and Pacific Group of States (ACP group), the Cotonou Agreement expires in 2020. Member states and their ACP partners have already begun preparations for the next phase of their cooperation. Since the year 2000, the EU's political and trade relations and development cooperation with 78 other countries have been governed by the agreement. This single structure unites a group of countries as diverse as South Africa, St Kitts and Nevis and the Bahamas. The EU’s development and foreign trade ministers discussed how the end of the Cotonou Agreement should be managed at an informal meeting in the Netherlands on Tuesday 2 February.

Source: Euractiv