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Thursday, 12 July 2018

AU-EU: Carlos Lopes to lead post-2020 trade negotiations

The African Union has appointed Carlos Lopes, a member of President Paul Kagame's dream team in reforming the continental body and former Executive Secretary of the United Nations Economic Commission for Africa, as the high representative for the post-2020 negotiations with the European Union. The appointment of the Bissau-Guinean development economist was ratified by the Heads of State Summit in Nouakchott, formally opening the doors for engagements with the EU on a continental economic partnership agreement (EPA). Mr Lopes’ appointment comes barely a week after the European Commission received authorisation from the Council to open negotiations for a new partnership agreement with African, Caribbean and Pacific (ACP) states. The current agreement was revised in March 2010, to capture the growing importance of regional integration in the ACP bloc; the interdependence between security and development; the global challenge of climate change; and the transaction costs of EU aid to the ACP.

Source: theeastafrican.co.ke