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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It contributes to the ongoing reflection, launched through the Joint Communication on A renewed partnership with the countries of Africa, the Caribbean and Pacific, which will inform the negotiations that will start in 2018, in view of renewing the EU's longstanding partnership with African, Caribbean, and Pacific countries, in particular the Africa pillar.
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.
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