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Wednesday, 06 July 2011

Time out on the promises of EU partnership

In October 2008, when the 15 member countries of Cariforum (CF) individually signed a full Economic Partnership Agreement (EPA) with the collective European Union (EU) of 27 countries, much was made of the promise of increased benefits to Caribbean countries. Two-and-a-half years later, the promise remains unfulfilled. At the time of signing, observers stressed the importance of setting-up two bodies throughout the CF countries, which are the 14 independent states of the Caribbean Community (Caricom) plus the Dominican Republic. These two bodies were: a unit in each country to ensure implementation of the many demanding clauses of the EPA; and the other was a unit to monitor the delivery of the promises that the EPA proffered. It was also anticipated that the Caricom secretariat would have established similar oversight bodies for the CF countries as a whole.

Source: guardian.co.tt

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