Brussels, 23/06/2005 (Agence Europe) - The thirtieth ACP/EU ministerial session will be held on Friday and Saturday in Luxembourg under the joint chairmanship of Jean-Louis Schiltz, Luxembourg's Minister for Cooperation and Action, and Victor Borges, President-in-Office of the ACP (African, Caribbean and Pacific) Council of Ministers. The session, devoted to development cooperation and trade issues of interest to both parties signatory to the Cotonou Agreement concluded for twenty years in 2000, will end with the official signing ceremony for the revised Cotonou Agreement, to the credit of the outgoing Luxembourg Presidency. The five-year review exercise had been successfully completed on 23 February this year, thanks to the persistence shown by Jean-Louis Schiltz and Commissioner Louis Michel, as well as the good will of ACP countries that agreed to the final compromise without having a precise figure for the amount of the financial allocation they will benefit from as of 2008. The agreed mathematical formula nonetheless made it possible to guarantee that ACPs have a minimum offer, independent of the outcome of negotiations on the EU's financial perspectives for 2007-2013 (EUROPE of 24 February). It must be said: negotiators do have flair.