Relations between the EU and a large group of developing countries are set to change as the Cotonou Agreement nears its end. Some argue that the cooperation deal should be enlarged into Latin America and Asia. EurActiv France reports. A cornerstone of development cooperation and trade relations between the EU and the African, Caribbean and Pacific Group of States (ACP group), the Cotonou Agreement expires in 2020. Member states and their ACP partners have already begun preparations for the next phase of their cooperation. Since the year 2000, the EU's political and trade relations and development cooperation with 78 other countries have been governed by the agreement.
Sub-Saharan African sugar producers will shift sales to growing regional and domestic markets when exports to the European Union become less attractive after production quotas are dismantled in 2017, industry sources and analysts said on Friday. EU sugar production is forecast to expand when quotas are lifted after Sept. 30, 2017, diminishing import needs. Gavin Dalgleish, managing director of Africa's biggest producer Illovo Sugar, part of Associated British Foods, said that while the reform process had reduced the attractiveness of the EU market, it will have limited impact on the company’s growth strategy due to expectations of rising regional consumption.
The Prime Minister of Italy, Mr. Matteo Renzi, has expressed his country’s readiness to invest in the agriculture and energy sectors of the Ghanaian economy to create jobs for the youth. He said Italian investors were ready to assist the government to build a strong economy and create jobs for the youth to reduce mass migration. Mr. Renzi was addressing Parliament yesterday, as part of his official two-day visit to the country. He noted that the Italian government respected human rights and dignity and would continue to save illegal migrants from West Africa, from the dangers associated with migration but urged the governments to create jobs for the youth to stay at home and work.
The European Union (EU) will provide US$200 million to support the general budget of the State of Mozambique, under an agreement signed Sunday in Addis Ababa, the capital of Ethiopia, according to Mozambican news agency AIM. The ceremony took place at the end of a hearing that Mozambican President, Filipe Nyusi granted to the European Commissioner for International Cooperation and Development, Neven Mimica, on the sidelines of the 26th Summit of Heads of State and Government of the African Union.
Kenya wants to increase its agriculture output with cooperation from The Netherlands' government. The sector currently contributes 15 per cent to the country’s GDP, but with collaboration of the two economies, this is set to improve. The two economies have resolved to move away from aid development to trade. “When we said we are moving form aid to trade, we say we are stopping supporting development through concessions or development but doing inter-trade between two countries,” said Kiringai Kamau, adviser to Kenya’s ministry of Agriculture, Livestock and Fisheries.