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European Regional Development Fund
international finance
Learn about this topic in these articles:
European Union
- In European Union: Creation of the European Economic Community
In 1975 the European Regional Development Fund was created to address regional economic disparities and to provide additional resources to Europe’s most deprived areas. In the same year, members endorsed the Lomé Convention, a development-assistance package and preferential-trade agreement with numerous African, Caribbean, and Pacific countries. Members also…
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