Stabex
From Wikipedia, the free encyclopedia
The Stabex (from French Système de Stabilisation des Recettes d'Exportation) is the acronym for a European Commission compensatory finance scheme to stabilise export earnings of the ACP countries. It was first introduced in the first Lomé Convention (1975) with the purpose of remedying the harmful effects of the instability of export revenue from agricultural products.
Stabex (along with similar mechanism – Sysmin) was abolished by Cotonou Agreement in 2000.
 |
This article about the European Union is a stub. You can help Wikipedia by expanding it. |
