The European Union Development Policies Are Based on European Values, Democracy, Respect for the Rule of Law and Human Rights
The primary focus of this paper is not mainly the involvement of the European Union in the achievements of the Millennium Development Goals (MDG) of the United Nations, but the interrelationship between the EU’s assistance for sustainable development to third countries by means of granting financial and technical support on the one hand and on the other hand for the said support the inclusion of general principles of EU law regarding the respect for Human rights, good governance, democracy, the rule of law and other similar key elements. In EU agreements with third countries (be it bilateral or regional) both financial and technical support goes hand in hand together with these international standards and principles in order to achieve sustainable development. For violation of these agreed international standards, the EU applies agreed sanctions or adopts measures to ensure the upholding of these principles. The suspension of financial and/or technical support can form part of these agreed measures. The application of these international standards are not only being applied to financial or technical support for sustainable development, but also to international trade agreements, which is currently becoming customary law in international trade agreements, the so-called “Human rights clauses”.