• Short Summary

    African drummers and dancers happily celebrated the signing of a major trade and aid pact between European Common Market and 57 developing countries in Lome, Togo, on Wednesday (31 October).

  • Description

    African drummers and dancers happily celebrated the signing of a major trade and aid pact between European Common Market and 57 developing countries in Lome, Togo, on Wednesday (31 October). But the signing ceremony was delayed by disagreement.

    SYNOPSIS: The last minute despite was reported to have been solved by the personal intervention of the Togolese President Gmissangbe Eyadema. The difficulty arose over the problem of how European businessmen could have their investments guaranteed in developing nations. The delay lasted about two hours before speeches finally got under way leading up to the signing of the second Lome Convention, a five-year agreement on the terms of trade and development help. The signing proceeded after President Eyadema met the Common Market's chief negotiator Irish Foreign Minister Michael O'Kennedy and the Developing Countries' representative Barbados Deputy Prime Minister Bernard St. John.

    The trade and aid agreement is worth 7.5 billion dollars over five years. It replace the first Lome convention signed in 1975. The new agreement follows a year of negotiations between the ACP(African, Caribbean and Pacific) countries and the EEC.

  • Tags

  • Data

    Film ID:
    VLVA1BMZL6FW6DPMD7XA1IHF7DHCF
    Media URN:
    VLVA1BMZL6FW6DPMD7XA1IHF7DHCF
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    31/10/1979
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:00:59:00
    Time in/Out:
    /
    Canister:
    N/A

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