FES / FES Cotonou / The 3 Pillars

The 3 Pillars

The Cotonou Agreement is structured around three pillars: the political dimension, the financial dimension and the economic dimension.

Cotonou Agreement 2000-2020

3 Pillars Political Pillar Financial Pillar Economic Pillar

Political Pillar
- Political dialogue
- Political principles & conditionality
- Support in certain political areas (e.g. security policy)


Financial Pillar
- European Development Fund
- Grant Facility
- Investment Facility
- Programming process


Economic Pillar
- Trade: Economic Partnership Agreements


 

The Cotonou Agreement

  • According to the Cotonou Agreement EPAs first of all will be geared towards the following objectives:
  • - to promote the smooth and
      gradual integration of ACP
      economies into the world
      economy;
  • - to enhance production, supply and
      trading capacities;
  • - to create new trade dynamics and
      foster investment;
  • - to improve the capacity of the
      ACPs to handle trade-related
      issues.