The oldest and most wide-reaching agreement between European donor countries and recipient nations is officially up for review.
The Cotonou Partnership Agreement between the European Union and 79 countries, mostly former colonies, of the Africa, Caribbean and Pacific group of states governs some 30.5 billion euros ($33.3 billion) in aid over the 2014-2020 period of the 11th European Development Fund. It also contains pillars to encourage political cooperation and promote trade.
The new CPA will take effect in 2020, with an initial memorandum of understanding due in 2018, according to ACP Secretary General Dr. Patrick Ignatius Gomes. Given the number of players and the contractual nature of the accord, negotiations are expected to take the entire period.