7. The EU and Developing World Flashcards
How much development aid does the EU account for?
45%
What is the mechanism for deliberating assistance to poorer nations?
EU development fund
Who manages the European development fund
European Commission and European investment back
Compared to the Eu budget where is the development fund administered?
Outside of the Eu budget, only example of this happening
Why does Europe have such a tight grasp on the developing world?
Colonisation
When was the first Lomé convention?
1975, Lomé Togo
What is the Lomé convention an agreement between?
Eu and African, Pacific Caribbean, countries
Why was the Lomé convention disbanded
Unilateral preferences to ACP counties rather than the rest of the world
Why were the Lomé conventions replaced by?
Trade agreements
What was signed as a new trade agreement after Lomé?
Cotonou partnership, 2000
What is the Cotonou agreement
Framework treaty on aid, trade and political cooperation
When does the Cotonou agreement expire?
29th February 2020
Why did the us complain against bananas with Eu tax?
Caribbean countries had quotas for bananas which meant they could make them cheaper
What is the primary aim of the Cotonou agreement?
Reducing and eventually eradicating poverty
When did the spirit and Desire for the Lomé convention expire?
Mid 90’s
What did Gibb say about Lomé trade?
Postitive discrimination
Where was the quota for bananas provided from?
The EU, fixed to each country
Which agreement on trade on bananas led to a reduction of tariff to LA importers?
Geneva Agreement
When was the protests against th Eu banana trade
1996
Name some Eu countries that had colonies in Africa?
Uk, Belgium, France, Germany
When was the Yaoundé Convention
1963
What was established at the Yaoundé convention
Trade and aid package for 17 African states to offer between trading agreements with emerging EEC
What percentage of EEC exports went to developing countries?
50%
How many states were in the Lomé convention
45, largely grouped geographically
What interest did Sweden have in the Yaoundé convention?
Wanted poverty alleviation
What did Italy want from the Yaoundé convention
Commercial interest
What did France want from the Yaoundé convention
Close ties with over sees territories
What were the aims of the Lomé convention
To reduce external trade barriers to 0 with mined and agricultural goods a priority, aimed to massively increase aid
What was the target aim for trade in the Lomé convention
3 billion
What is the Lomé convention trade described as?
Non reciprocal
How many bananas were
Consumed in the EU
2.5 billion tonnes a year
What percentage of Caribbean farms make bananas
50%
How many countries are there in the ACP
79
What counties come together to stop Lomé trade agreements?
USA and Latin American counties
What was the main aims of the Cotonou convention
To reduce poverty l, in-line with sustainable development
What is an obligation for Cotonou counties to do?
Uphold good governance
What other thanks states can participate in Cotonou?
NGO’s
Out of the 49 counties on Cotonou how many are the poorest
40
When is the next Cotonou assessment year?
2020
Where is ACP based?
Brussels
What are is created in the Cotonou agreement
Freee trade area
What is the focus of the free trade area of Cotonou
Development
What political technique is used in investments and services
Liberalisation
What are the regions of the ACP?
West africa, central africa, eastern and Southern Africa, Southern Africa, East Africa, Pacific, and Carribean
What agreements are given to ACP countries?
Economic Partnership Agreements or EPA’s
What do the EPA’s focus on?
Small island nations and landlocked countries
What do EPAs do that concerns Europe
Opening up of markets to the EU
What are the main problems with EPAs?
Regional integration, industrial development, foreign investment and services?
How much of Ghana’s exports are to the EU?
80%, dependent on Eu
What does each EPA show power wise?
Asymmetrical amount of power between ACP counties and EU countries
What is aid now described as?
Cross compliant