CONTINENTAL DRIFT

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Description: The second EU-Africa summit in Lisbon at the end of 2007 was attended by the leaders of 53 African and 24 European countries. The aim of this conference was to achieve meaningful agreements on: 1. peace and security, 2. human rights and governance, 3. immigration and employment, 4. the environment, and 5. trade and commerce. Because the EU's current preferential system of trade with the ACP bloc (the 71 African, Caribbean and Pacific nations that signed the Lome convention) has been declared illegal by the World Trade Organisation, the EU was seeking to strike a new economic partnership agreement (EPA) in Lisbon. It was also increasingly concerned about China's influence in Africa. The Lisbon summit eventually resolved to build a new strategic political partnership for the future, overcoming the traditional donor-recipient relationship and building on common values and goals in the pursuit of peace and stability, democracy and rule of law, progress and development.
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