1. THE CONTEXT
The Caribbean-EU relationship has been a dynamic and generally progressive one since the First Lomé Convention in which both regions have been partners in the fields of trade, economic and development cooperation. This partnership is underpinned by a rich heritage of shared history, values and culture.
The Caribbean-EU partnership has been governed by several institutional arrangements. Principal among these is the ACP-EU Cotonou Partnership Agreement, which remains in effect until 2020. The recently concluded second revision of the Cotonou Agreement reinforces a more relevant and effective partnership, supported by a multi-annual financial framework. Other partnership arrangements include the EU-LAC Strategic Partnership, the EU-Rio Group, as well as strong bilateral level relations with several EU member states, particularly those with historical ties to the region and OCTs and ORs (DOMs). The CARIFORUM-EU Economic Partnership Agreement (EPA) which is being provisionally applied since December 2008 provides a new reciprocal platform for trade relations between the two regions.
Over time, however, other new and impending developments and challenges – national, sub-regional, regional, hemispheric and global — have also impacted on the partnership. The newly adopted Lisbon Treaty has amended the way in which the EU and its institutions will interact with third countries and regions. This new context provides the opportunity to develop a joint strategy that will foster an enhanced bi-regional relationship to better respond to global challenges and to articulate common interests.
The guiding principles for the elaboration of the strategy, which will have a long-term approach, will be characterized by joint ownership, mutual accountability and solidarity, co-management and co-responsibility. The strategy will reflect our common belief in, conviction and respect for the principles enshrined in the UN Charter and in international law.
This shared vision, common interests and strategic objectives will mark the beginning of a new phase in the Caribbean-EU relationship.