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Stabex |
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Such actions would complement global mechanisms such as the Common Fund for Commodities, the Compensatory Financing Facilities or the Stabex arrangements. In connection with export earnings stabilization, the European Economic Community (EEC) was urged to broaden its STABEX facility for compensating shortfalls in earnings from commodity exports and to extend the benefits of the scheme to LDCs not parties to the Lome Convention. |
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