The EU is a key partner of the Democratic Republic of São Tomé and Príncipe. Relations are based on regular political dialogue under the Cotonou Agreement.
The EU delegation in Gabon monitors the country's situation since there is no EU delegation in São Tomé and Príncipe. The local EU presidency is held by Portugal (as it was before the Lisbon Treaty).
The country benefits from the European Development Fund with an allocated budget of EUR 17.1 million for 2007-2013 / 10th EDF which is still being implemented. Priorities include:
The 11th EDF National Indicative Programme for 2014-2020 [2 MB] was signed in Nairobi on 19 June 2014.
It allocates EUR 28 million to 2 priority sectors:
1) Water and sanitation
2) Reinforcement of agricultural chains
The country also benefits from a contribution from the PALOP/Timor Leste regional cooperation programme.
São Tomé and Príncipe has a Fisheries Agreement with the EU since 1984 and a Fisheries Partnership Agreement since 2006.