This chapter assesses the evolution of European Union (EU) development policies during 2000. It concentrates on the terms on which aid has been delivered to the African, Caribbean and Pacific (ACP) states as defined by the Lomé Convention and its successor, the Cotonou Agreement. The chapter undertakes a comparative assessment of these changes in the light of wider donor policies towards developing countries. It focuses on the policies of the World Bank. The chapter explores whether the claimed uniqueness of the original relationship with the ACP countries has given way to a more uniform stance among donors. It discusses the development of an EU approach to the support of structural adjustment programmes in the ACP states in Lomé IV. The chapter presents the introduction of 'political conditionality' into Lomé in the 1990s. It describes the recasting of EU development cooperation in the negotiations for the Cotonou Agreement signed in 2000.