African, Caribbean, and Pacific Countries

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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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A preferential trade link between the European Union and African, Caribbean, and Pacific Island exporters known as the EU-ACP Agreement is being phased out by the WTO after 30 years in existence as part of a deliberate effort coordinated by the organization to reduce protectionism and open economies to more globalized trade.
The study is being conducted by ProInvest, a program of the Group of African, Caribbean, and Pacific (ACP) States and the European Commission for the promotion of investment and technology transfer to the ACP countries, in cooperation with CHA.
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