Securing WTO waiver on the successor to Lome IV

Abstract

This document discusses the expiration of Lome IV on 29 February 2000 and the ongoing negotiations between African, Caribbean, and Pacific (ACP) nations and the European Union (EU) to define a new relationship. It highlights the challenges posed by increased trade liberalization and globalization, which threaten the preferential access ACP countries have had to European markets under Lome Conventions. The document outlines key issues for negotiation, including Free Trade Areas (FTAs) and the need for WTO waivers to maintain non-reciprocal preferences. It emphasizes the importance of securing a WTO waiver to protect ACP countries' trade interests and suggests that future trade arrangements should consider regional strategies and economic development.