Economic Community Of West African States
Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture has urged the Federal Government to refrain from signing the West Africa-EU Economic Partnership Agreement
EU’s Deputy Head of Delegation noted that the EU will not hesitate to withdraw the free access to European market enjoyed by the resenting countries: Nigeria, the Gambia and Mauritania.
After the Brexit vote, Jacques Berthelot updates the value of imports and losses of import duties of West Africa in case of ratification and implementation of the Economic Partnership Agreement with the EU28 minus the UK
Social Action has asked the federal government to not to sign the Economic Partnership Agreement with the European Union. Ghana and Ivory Coast have also resisted the EPA
A report authored by Social Action, a social development organisation, indicates that Nigeria stands to loose up to $1.3 trillion in forms of customs duties, taxation and other revenue sources throughout the 10 year implementation period of Economic Partnership Agreement (EPA).
In ratifying the EU-Ghana interim EPA on 3 August 2016, the Ghanean Parliament has shot itself in the foot. Analysis by Jacques Berthelot.
The Third World Network has slammed the haste with which parliament debated and approved the Economic Partnership Agreement between Ghana (as a member of ECOWAS) and the European Union.
Ghana’s parliament has ratified the Economic Partnership Agreement between government and the European Union amidst divided opinions
Any attempt to encourage cheap EU imports will not only retard local production, it may also be counter-productive to the country’s industrialisation plans.
The agreement enjoins member states to open up 70 percent of their markets to European goods over a period, prompting fears nascent companies may collapse since most European goods are of high quality and a lot cheaper than local goods.
The European Union has asked Nigeria to sign the Economic Partnership Agreement with attractive offers including a €6.5bn (about N1.4tn) Development Programme.
This is a way of thinking as absurd as that consisting for a poultry producer to open the henhouse gate to allow the fox to test the poultry resistance capacity.
This document is limited to assessing the importance of the liberalization of agricultural imports in the EU-West Africa (WA) Economic Partnership Agreement (EPA) given the crucial nature of these products for WA.
There is a rumour that, if Nigeria’s stance not to sign the regional EPA is definitive so that the EPA would be buried, DG trade is contemplating to perpetuate the interim EPAs of Ivory Coast and Ghana provided they would formally sign them.
bilaterals.org has received four impact studies concerning the EU-West Africa EPA and requested Jacques Berthelot to provide a comment on them.
The EU’s Economic Partnership Agreements with sub-Saharan countries inked a few years ago are not getting off the ground as African governments don’t like their EU-inspired rules on raw materials policies.
The Manufacturers Association of Nigeria (MAN) has admonished the federal government to withhold its endorsement of the ECOWAS-EU economic partnership agreement.
The benefits of the EPA between the EU and WA’s countries appear small, if not negative for West African countries.
West Africa and the European Union continue to prepare for the implementation of the Economic Partnership Agreement — pending its signature by all member states — by putting together the necessary texts for the institutional bodies and instruments envisaged under the EPA, in order that it becomes operational immediately upon entering into force.
Considering the mismatch of the two regions (Europe-ECOWAS) the Manufacturers Association of Nigeria and Associated Trade Unions raised concerns over the negative impact of the agreement on Nigeria’s industrialisation programme.