- Lomé Convention
in the law of the European Communities the agreement (now in its fourth version) that is the foundation for the Communities' links with the ACP (African, Caribbean and Pacific countries) and overseas territories. It is a series of bilateral agreements with more than 60 countries. Originally concluded with a view to the post-colonial situation of some of the member states, it is now an instrument of development and aid. The general basis of it is to allow the produce of Convention states to enter the Communities free of the common customs tariff but without reciprocity for the Communities. Member states are, however, allowed most favoured nation status. A system has been developed to assist states that rely on a single product – the Community evens out the good years and the bad years through the STABEX and SYSMIN systems: the downside of this may be that it does not encourage diversification in the beneficiary state.
Collins dictionary of law. W. J. Stewart. 2001.
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Lome Convention — There should be an acute accent on the e of Lome, but the software will not allow it to be entered.. Lo‧me Con‧ven‧tion [ˈləʊmeɪ kənˌvenʆn ǁ loʊˈmeɪ ] noun ECONOMICS an agreement between the EU countries and some of the poorer countries of… … Financial and business terms
Lomé Convention — The Lomé Convention is a trade and aid agreement between the European Union (EU) and 71 African, Caribbean, and Pacific (ACP) countries, first signed in February 1975 in Lomé, Togo.HistoryThe first Lomé Convention (Lomé I), which came into force… … Wikipedia
Lome Convention — A comprehensive trade and aid agreement between the European Union and 46 African, Caribbean and Pacific (ACP) countries, first signed in 1975, in Togo. As set out in Article 1, its purpose was ‘to promote and expedite the economic, cultural… … Glossary of UK Government and Politics
Lome Convention — An agreement first signed by the EC with the African, Caribbean and Pacific (ACP) States in 1975 on reciprocal trade arrangements and the provision of developmental aid … Glossary of the European Union and European Communities
Lomé — Infobox Settlement official name = Lomé imagesize = 250px image caption = Panoramic view of Lomé mapsize = pushpin map caption = Location of Lomé in Togo pushpin subdivision type = Country subdivision name = Togo subdivision type1 = Region… … Wikipedia
Lomé — /law may /, n. a seaport in and the capital of Togo, on the Gulf of Guinea. 135,000. * * * City (pop., 1999: metro. area, 790,000), capital of Togo. Located on the Gulf of Guinea in southwestern Togo, it was chosen as the capital of German… … Universalium
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Convention de Lomé — La convention de Lomé est un accord de coopération commerciale signé le 28 février 1975 entre la CEE et 46 pays d Afrique, des Caraïbes et du Pacifique (dits pays ACP), et renouvelé en 1979 (Lomé II, 57 pays), 1984 (Lomé III, 66 pays) et 1990… … Wikipédia en Français