European Development Fund

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The European Development Fund (EDF) is the main instrument for European Community aid for development cooperation in the Africa, Caribbean and Pacific (ACP) countries and the Overseas Countries and Territories (OCT).

Articles 131 and 136 of the 1957 Treaty of Rome provided for its creation with a view to granting technical and financial assistance to African countries that were still colonised at that time and with which certain countries had historical links.

Usually lasting 6 years, each EDF lays out EC assistance to both individual countries and regions as a whole. The EU is currently on its 10th EDF.

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