The Cotonou Agreement is a treaty between the European Union and the African, Caribbean and Pacific Group of States ("ACP countries"). It was signed in June 2000 in Cotonou, Benin's largest city, by 78 ACP countries (Cuba did not sign) and the then fifteen Member States of the European Union. It entered into force in 2003 and was subsequently revised in 2005 and 2010.
The Cotonou Agreement 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. The revised Cotonou Agreement is also concerned with the fight against impunity and promotion of criminal justice through the International Criminal Court.
The Cotonou Agreement replaced the Lomé Convention, which had been the basis for ACP-EU development cooperation since 1975. The Cotonou Agreement, however, is much broader in scope than any previous arrangement has ever been. It is designed to last for a period of 20 years and is based on four main principles:
The Cotonou Agreement wishes to give a stronger political foundation to ACP-EU development cooperation. Therefore, political dialogue is one of the key aspects of the arrangements and addresses new issues which have previously been outside the scope of development cooperation, such as peace and security, arms trade and migration.
Furthermore, the element of "good governance" has been included as an "essential element" of the Cotonou Agreement, the violation of which may lead to the partial or complete suspension of development cooperation between the EU and the country in violation. It was furthermore agreed that serious cases of corruption, including acts of bribery, could trigger a consultation process and possibly lead to a suspension of aid.