UN General Assembly
1981

296. We also note with sincere appreciation that under the Lome Convention the countries of the African, Caribbean and Pacific Group [ACP] have a wide range of goods which enjoy duty-free and unrestricted access into the markets of the European Community countries on a nonreciprocal basis. The Lome Convention also includes arrangements for assisting ACP countries in investment and trade promotion and also during natural disaster situations. Indeed, the Lome II Convention is a significant step forward towards closer links in the areas of trade and cooperation amongst island developing countries. An important aspect of the Lome Convention is the fact that there is constant dialog through negotiations between equal partners on the basis of mutual interest and advantage.