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Guinea: EU wants to make EDF funding conditional on legislative elections

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Friday, 02 December 2011

Guinea: EU wants to make EDF funding conditional on legislative elections

The disbursement of the 10th European Development Fund (EDF) will only become possible after the establishment of a date and the conduct of legislative elections followed by the constitution of a new National Assembly which represents all the political “tendencies” of the country, said the head of the European Union delegation in Guinea. […]

In a press conference, the head of the delegation Philippe Van Damme gave a long speech about the partnership between Guinea and the European Union and about the perspectives of the 10th EDF which is currently discussed.

Talking about the conditionals for Guinea to access the 10th EDF, Philippe Van Damme said that the social chapter of the EDF would be unblocked after the proclamation of the date of legislative elections, while other chapters would become available after pluralist and transparent elections have taken place.

This, he said, would allow Guinea to enter into a new phase of normalised dialogue which focuses on questions of economic and political governance.

With regard to trade, the members of the EU want to put into place a Economic Partnership Agreement (EPA) with developing countries, particularly the members of the ACP group to gradually liberalise trade between the two parties. The EPAs are aimed at allowing ACP countries to export agricultural products and products from the extractive industries more easily in the long term.

Source: Afrique Infos