Description
The Cotonou Agreement offers a framework for the European Union’s (EU) cooperation relations for the economic, social and cultural development of the African, Caribbean and Pacific States (ACP).
Centred on the target of reducing, and in the longer-term, eradicating poverty, the cooperation must also contribute to the peace and security and the democratic and political stability of the ACP states. In this regard, the partners to the agreement shall act jointly to gradually achieve the Millennium Development Goals (MDGs).
The Cotonou Agreement is based on equality between the partners and ownership of the development strategies. It was signed on 23 June 2000 for a period of 20 years and may be revised every five years.
Source:
http://europa.eu/legislation_summaries/development/african_caribbean_pacific_states/r12101_en.htm