Lomé Convention

Abstract

Lomé IV This is the first Convention to cover a ten-year period, even though the attached financial protocol has a duration of five years. The first financial protocol (1990 to 1995) provides 12 BECUS, 10.8 of which from the seventh EDF, the rest form EIB. The second goes from 1995 to 2000 and supplies 14.625 BECU through the eighth EDF. A Mid-Term Review of the Convention is also scheduled for 1995. Great emphasis is put on: the promotion of human rights, democracy and good governance; strengthening of the position of women; the protection of the environment; decentralized cooperation; diversification of ACP economies; the promotion of the private sector; and increasing regional cooperation.