Common use of Cooperation and Development Clause in Contracts

Cooperation and Development. The CARIFORUM Side registers its appreciation for the support which the EU has provided for EPA implementation under the 10th EDF CRIP, as well as 11th EDF CRIP. The systemic challenges/binding constraints which CARIFORUM States face in taking advantage of the market access offered by the Agreement and meeting the financing needs thereto are such that aid additionality, transcending EDF resources, is required. This additional support can be in the form of grant resources, soft and innovative financing and technical assistance. This will allow us to defray the costs necessary to fully benefit from the opportunities offered by the EPA, to meet the necessary adjustment costs and to implement its obligations under the EPA. • Mention was made of the preparation of model Bills in the areas of plant and health, food safety and fisheries. That attention to the legal and regulatory framework of CARIFORUM States cannot be over emphasised. Regulatory and policy changes have to be made by CARIFORUM States to give effect to various provisions of the Agreement.