Implications of the Cotonou Agreement for Sustainable Development in the ACP Countries and Beyond

Download or read book Implications of the Cotonou Agreement for Sustainable Development in the ACP Countries and Beyond written by Konrad von Moltke and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the end of Lomé IV came into sight, the European Commission produced a series of documents reviewing the results, which were modest.2 These reports emphasized the need for a new agreement that would be more focussed on trade and more readily compatible with the requirements of the trade regime that had been revitalized in 1994 by conclusion of the Uruguay Round (UR) and the creation of the Worl [...] Indeed, the Commission, the most important executive body of the EU, is technically but the "Commission of the European Community." In light of this confusion, it has become accepted practice to refer to the European Union without making any distinctions and to identify the Commission as the European Commission. [...] In practice, the contribution of foreign direct investment to the (sustainable) development objectives of a country will depend more on the specific charac- 3 Implications of the Cotonou Agreement for Sustainable Development in the ACP Countries and Beyond teristics of that investment, the performance of investors as economic citizens, and the capabilities of host country governance than on the in [...] These texts may be revised, reviewed and/or amended by the Council of Ministers on the basis of a rec- ommendation from the ACP-EC Development Finance Cooperation Committee." 8 Implications of the Cotonou Agreement for Sustainable Development in the ACP Countries and Beyond ACP States in Brussels, which is not, however, a creation of the ACP itself but rather an expression of the importance of the [...] In addition to setting the framework for the EPA negotiations, the CPA pro- vides for cooperation between the partners in the WTO and in particular in "trade-related areas." The WTO cooperation is couched in fairly general lan- guage but achieved a measure of success in the process leading up to the adop- tion of the Doha agenda.