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Tuesday, 05 April 2016

EU-ACP: A force for South-South and triangular cooperation

Development cooperation in the 21st century is compelled to move beyond the simplistic paradigm of transferring funds from the developed North to the developing South, writes Dr Patrick Gomes. With the global endorsement of Agenda 2030, including new modes of development finance, the proliferation of actors, and the rise of emerging economies, the traditional “donor – recipient” aid paradigm needs to be buried. The long-standing and comprehensive North-South approaches to development cooperation – the 28-member EU and 78 African, Caribbean and Pacific (ACP) countries – could well have invaluable horizons for innovation and enhanced development effectiveness. The current ACP-EU Partnership Agreement had been ahead of its time when it was first signed in Cotonou, Benin in 2000 for a 20-year period, linking two blocs of countries in a broad framework of trade, development cooperation and political dialogue. But new realities in the global arena – including EU enlargement, geo-political alignments and emerging powers – demand a re-examination of historical ties, to come to grips with turbulent change and confront persistent structures of poverty and inequality.

Source: euractiv.com