By Ntsoaki Nkoe
MASERU (ACP-IDN) – Lesotho, a landlocked kingdom encircled by South Africa, like many other member states of the African, Caribbean and Pacific (ACP) Group, has benefited from partnership with the European Union (EU) through financial assistance from the European Development Fund (EDF) and trade under preferential conditions, says Finance Minister Dr Moeketsi Majoro.
The current ACP-EU partnership agreement adopted in 2000 in Cotonou, Benin, to replace the 1975 Lomé Convention and Georgetown Agreement – expires in February 2020. Work has begun to lay the groundwork for the future partnership between the ACP countries and the EU. The current agreement provides for the opening of negotiations by the end of August 2018 at the latest.
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