EU aid tools
In March 2006, the European Commission adopted the Communication on the EU strategy for the Caribbean, which serves as the framework for EU - Caribbean relations at the political, economic and developmental level for the future and certainly for the lifetime of the Cotonou Agreement.
The communication builds on and integrates previous Commission documents, most notably the "MDG Package" and the "European Consensus", the European Union's new Development Policy.
The objective of the EU Communication on the Caribbean is to highlight how the challenges facing the Caribbean can be transformed into opportunities by focusing on the right "policy-mix". The EU's Caribbean strategy is articulated around a vision of the future based on a history of shared values, in parallel with full optimisation of the opportunities of the Cotonou Agreement. The EU's overarching development objective is to assist all the countries in the Caribbean region to achieve their long term development goals in a self sustaining manner.
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