Knowra Lomé Convention Lomé Convention The Lomé Convention was a series of agreements between the European Economic Community and African, Caribbean, and Pacific states from 1975 to 2000. It linked preferential trade access with European aid and development cooperation.
Stabex : A Lomé scheme that compensated African, Caribbean, and Pacific countries for lost export earnings from specified agricultural commodities. It buffered some commodity-dependent exporters against price falls and export shortfalls.
Yaoundé Convention : A pair of agreements linking the European Economic Community with associated African and Malagasy states from 1963 to 1975. It preceded Lomé and provided the institutional model for European cooperation with former colonies.
Cotonou Agreement : A 2000 partnership agreement between the European Union and African, Caribbean, and Pacific countries covering development and trade. It replaced Lomé and reframed the partnership around new trade arrangements.
Generalized System of Preferences : A framework allowing developed countries to grant reduced tariffs to imports from developing countries. Unlike Lomé, it was not a bilateral framework tying trade preferences to an ACP–European partnership.
Sysmin : A Lomé facility that supported mining-sector production in African, Caribbean, and Pacific countries facing disruptions. It extended the convention’s compensation approach to mineral-export disruptions.
Treaty of Rome : The 1957 treaty that established the European Economic Community and set out its common institutions and policies. Its association provisions helped establish the EEC’s postcolonial cooperation framework.
Economic Partnership Agreements : Trade and development agreements negotiated between the European Union and groups of African, Caribbean, and Pacific countries. They emerged from the shift away from Lomé’s non-reciprocal preferences.
Free-trade area : A group of countries that removes tariffs and other trade barriers among its members while retaining separate external trade policies. Lomé offered selective preferences rather than mutual free trade between the EEC and ACP states.
Sugar Protocol : A protocol guaranteeing imports of specified quantities of cane sugar from African, Caribbean, and Pacific states at negotiated prices. Its guaranteed access and prices made sugar the convention’s most prominent commodity arrangement.
Eurafrique : A political idea linking European integration with economic and strategic cooperation between Europe and Africa. This postwar vision informed European efforts to maintain organized ties with African states.
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