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