Leaders of the East African Community (EAC) agreed not to force member states to sign the EAC-European Union Economic Partnership Agreement (EPA).
Nations agree in principle to implement interim arrangement based on existing EU partnership deal.
The European Union has invited the government of Tanzania for dialogue over the Economic Partnership Agreement impasse that has threatened to derail the trade pact between the bloc and the East African Community member countries.
The Manufacturers Association of Nigeria has again cautioned the Federal Government to be wary of the Economic Community of West African States – European Union Economic Partnership Agreement.
The EU has been pressuring the ACP countries (Africa, Caribbean and Pacific) to sign and implement EPAs that would be destructive for these countries.
Une zone de libre échange ne peut être une politique qui favorise l’industrialisation de l’Afrique. Et, le vrai problème de l’Afrique, c’est le manque d’industrialisation, selon El Hadji Alioune Diouf, expert en commerce international.
The report says that if the EPA is signed, local industries will struggle to withstand competitive pressures from EU firms, while the region will be stuck in its position as a low value-added commodity exporter.
MEPs from the European Parliament’s International Trade Committee are in West Africa this week, to monitor the implementation of Economic Partnership Agreements.
Seventy-nine countries from Sub-Saharan Africa, the Caribbean and the Pacific are preparing to negotiate a major partnership framework with the European Union which will set directions for trade relations.
The two sides have managed to separate the grant from their long-running dispute over the proposed Economic Partnership Agreement, media have been told.
Barbados is resetting its implementation strategy of the Economic Partnership Agreement (EPA) with the European Union as Britain prepares to exit the EU.
Africans are insisting on actual economic development which is leaving European trade negotiators exasperated. Rick Rowden explains why their stand is historic and right.
South African poultry producers are fully justified to accuse the EU of dumping.
The EU-West Africa’s Economic Partnership Agreement has planned to reduce to 0 the import duty on non-rice cereal imports from the European Union at the beginning of the liberalization period.
The SADC poultry producers are suffering heavily from the competition of imports given that poultry is the first agricultural sector and that per capita consumption is one of the highest in the world.
The evidence is clear: after 10 years of the EPA, the promised benefits have not been realized.
The EU’s exports to SADC of 769,493 t of raw cereals in 2016 have received €42.535 M of subsidies.
The CEMAC ministers decided not to adhere to the stage Agreement as is, and to continue negotiating for a complete regional EPA.
Tanzania is reluctant to sign and ratify the EPA raising a number of issues including the implications of the EPA on EAC’s development in general and industrialisation in particular.
The East African Community is once again facing a delicate diplomatic situation as it seems now more than ever that, after protracted negotiations, member states may have to just agree to disagree on the Economic Partnership Agreement.