EU use of per capita income in determining eligibility for aid is misguided-LaRocque

Sep 23, 2013

GEORGETOWN, Guyana – SECRETARY General of the Caribbean Community (CARICOM) and Caribbean Forum of African Caribbean and  Pacific (ACP) States (CARIFORUM) Mr. Irwin LaRocque  feels that  new European Union (EU) external aid policies of using  per capita income to determine ACP countries  eligibility for  development assistance  is misguided.
Even as he expressed CARIFORUM”s deep appreciation for the support of the EU and its European Development Fund (EDF) Grant assistance over the years, he said that this was one issue on which the CARIFORUM countries differ with the EU.
He said that the EU external aid policies based on principles of differentiation   (differentiated levels of   development assistance) and graduation from ACP/ EU development cooperation   should be reviewed.

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