The European Union does not have an offensive commercial interest in the Economic Partnership Agreement. Rather, it is part of its strategic plan and policy to capture the African market, the Special Adviser to the President of NEPAD has said.
Right now, the EU’s EPAs are devastating Africa’s regional economic blocs through divide-and-conquer, reversing the resistance we saw from African countries a year ago.
On 19 May, US Trade Representative Ronald Kirk and Angola Minister of External Affairs Assunção Afonso de Sousa dos Anjos signed a Trade and Investment Framework Agreement (TIFA) that will provide a forum to address trade issues and help enhance trade and investment relations between the United States and Angola.
The European Union is coercing some West African governments into allowing European-based fishing companies to deplete West Africa’s fishing stocks in a new "food colonialism" that is now taking place between rich and poor countries around the world, according to British author George Monbiot.
Internal email communication by DG Trade obtained by
Corporate Europe Observatory (CEO) unveils how the EU Commission has actively
orchestrated African business support for its Economic Partnership Agreements
(EPAs) with the countries from Africa, the Caribbean and the Pacific. MEPs will vote
on the EPA negotiations at their sitting in Strasbourg today and tomorrow.
The value of the preferences African countries will reap from an EPA will essentially become nil in about 5 to 10 years.
Switzerland-based intergovernmental organisation, South Centre, has warned Nigeria and other African nations that the Economic Partnership Agreement (EPA) being proposed by the European Union (EU) will eliminate the capacity of African nations to industrialise within five to 10 years of signing the agreement.
Why EPAs threaten the world’s forests and forest peoples
On a daily basis we are exposed to a myriad of acronyms. A large number of these refer to some form of regional economic integration such as CMA, COMESA, FTA, IDZ, SACU and SADC, to name a few.
The seven-member regional Inter-Governmental Authority on Development (IGAD) is set to become a free trade area.
As the December 2007 deadline was approaching, the European Commission realised that it would not get what it badly wanted: to close a deal with all African regions on the Economic Partnership Agreements (EPAs) - basically free-trade pacts.
Agricultural and development economies in Sub-Saharan Africa are the flavour of the month. The global credit crisis, wide-scale economic meltdown and financial recession have sparked a wave of interest about the implications for Africa. It is crucial that this discussion happens.
The prospect of Free Trade Agreements (FTA) between the Gulf and African countries will be discussed at a major conference in Bahrain next month. Hundreds of government officials, bankers and investors are expected to attend.
African governments came under fire for ‘‘blindly’’ negotiating the controversial economic partnership agreements (EPAs) and not making an effort to educate ‘‘ordinary people’’ on what they were negotiating.
African countries will be locked into an economic model based on the export of raw materials that could have a devastating impact on forests and wildlife, if new EU trade deals shaped by former trade commissioner Peter Mandelson are signed - according to a new report published by Friends of the Earth today (Monday 20 October 2008).
African experts on Friday ended a continental forum on Economic Partnership Agreements (EPAs) between European and African countries with the endorsement of proposals towards an African template for EPA negotiations.
The Organisation of African Trade Unions Unity (OATUU) has joined in the crusade against the signing of the EPA, stating several claims which it believed would cripple the economies of member countries, if they go ahead to sign the agreement.
The EPAs are not fundamentally concerned about African development but are designed to further the geo-economic aims of the ‘Global Europe’ strategy being pushed from Brussels in the interest of European corporations and capital. Declaration from Africa Trade Network.
With the failure of the Doha development round trade talks fresh in everyone’s minds, the focus now shifts to the equally controversial Economic Partnership Agreements (EPA’s).
The EPA will be disastrous for Africa. Its acceptance would amount to locking the continent into some kind of economic vacuum where its manouevring space would be drastically limited because of the exclusivity of such a deal, especially since the evidence shows that no country in the world has taken off with such bogus and demeaning arrangements.