法律英语词汇“Lomé Convention”的翻译、意思、用法、释义-法律词典

单词

Lomé Convention

释义

Lomé Convention

Lomé Convention in the law of the EUROPEAN COMMUNITIES the agree- ment (now in its fourth version) that is the foundation for the Com- munities' links with the ACP (African, Caribbean and Pacific coun- tries) and overseas territories. It is a series of bilateral agreements with more than 60 countries. Originally concluded with a view to the post-colonial situation of some of the MEMBER STATES, it is now an instrument of development and aid. The general basis of it is to allow the produce of Convention states to enter the Communities free of the common customs tariff but without reciprocity for the Communities. Member states are, however, allowed most favoured nation status. A system has been developed to assist states that rely on a single prod- uct – the Community evens out the good years and the bad years through the STABEX and SYSMIN systems: the downside of this may

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lord of appeal in ordinary

be that it does not encourage diversification in the beneficiary state.

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