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African, Caribbean, and Pacific Countries
(redirected from ACP countries)

   Also found in: Wikipedia 0.01 sec.
African, Caribbean, and Pacific Countries
A group of 79 independent states that have undertaken to reduce poverty, promote development and seek greater integration into the global economy. Nearly all the ACP countries are signatories to the Cotonou Agreement, giving members a special relationship with the European Union. Many ACP states are among the least developed in the world.


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According to an internal European Commission memo obtained by AFP last week, ACP countries would be paid up to 190 million euros (284 million dollars) over four years to help them cope with the tariff changes.
The CDE is the only institution in the world covering the 77 ACP countries and has made the support of private sector business its main concern.
File Photo showing Djibouti's Minister for Economy Ali Farah Asoweh and the representative of the Ivory Coast, Marius Bessy (R), attend an EU-ACP meeting held at the European Council in Brussels (AFP) The Cotonou treaty in its original format is aimed at the reduction and eventual eradication of poverty while contributing to sustainable development and to the gradual integration of ACP countries into the world economy.
 
 
 
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