Yaoundé Convention

The Yaoundé Convention was in Yaounde, capital of Cameroon, concluded with the European Economic Community ( EEC) on 20 July 1963 ( with validity end on May 31, 1969) and 29 July 1969. The Association Agreement was aimed at establishing a free trade zone and the reduction of trade barriers. These contracts were predecessors of the better known Lomé and Cotonou Agreement.

Yaoundé I: First agreement (1964-1969)

The first Yaoundé Convention between the European Economic Community and 18 African states which had recently gained independence. The agreement was signed in Yaoundé on 20 July and entered into force on 1 June 1964. It was based largely on bilateral contracts and business agreements between the Member States of the EEC and the African countries that were bilateralisiert by the Agreement. The term of the Agreement was agreed at 5 years.

The 18 African AASM States (English Associated African States and Madagascar, AASM ) were: Burundi, Dahomey, Democratic Republic of the Congo, Ivory Coast, Gabon, Cameroon, Congo - Brazzaville, Madagascar, Mali, Mauritania, Niger, Upper Volta, Rwanda, Senegal, Somalia, Togo, Chad, Central African Republic

In addition to economic cooperation, the agreement supported the European development aid through the European Development Fund. Over the life of the first agreement were the payments made by the Fund payments approximately 730 million U.S. dollars. Of these, 620 million were granted as direct aid, 46 loans and 64 million as loans from the European Investment Bank

Yaoundé II: Second Agreement (1971-1975)

The second Yaoundé Convention extended the measures taken in the first agreement, bilateral agreements. At the end of the first agreement, a second agreement was concluded on 29 July, which came into force on 1 January 1971 and 31 January 1975 and should have validity. The Associated African States sat still composed of the majority francophone 18 AASM States. In 1972, Mauritius in the Agreement, prior to and amplified by the EC accession of Great Britain in 1973 also cooperated other Anglophone countries in separate agreements with the EC. The inclusion of Nigeria following the Lagos agreement for cooperation (16 July 1966) and the States of the East African Community (EAC ) following the Arusha Agreement (26 July 1968) was actually scheduled for Yaounde II, both agreements ran concurrently with Yaoundé I made ​​on 31 May 1969 by the Biafra war in Nigeria and the non-ratification of the Arusha Agreement by the EAC countries did not state this. The separate agreements were later extended and paved the way for the first Lomé Convention, which einbezog 46 states.

The patch for the same period third European Development Fund saw 918 million U.S. dollars for the 18 AASM States, 748 million should be awarded them as development assistance to 90 million as loans from the European Investment Bank and 80 million as a loan.