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Tuesday, 17 January 2012

EAC-EU: restarting EPA negotiations

According to recent updates, protected negotiations on comprehensive Economic Parntership Agreements (EPA) between the East African Community (EAC) member countries and the European Union (EU) are expected to restart in a few months, and probably be concluded within this year.
Speaking in a telephone interview to The Guardian, Tanzanian Industry and Trade deputy minister Lazaro Nyalandu said that progress on the EPA talks between the two blocks (EAC and EU) was impressive and that both parties were still packaging their issues ready for the next round of discussions.
According to the minister, the next round of EAC-EU EPA discussions are scheduled for the first or second quarter of this year, and probably be concluded this year. “Otherwise, EPA negotiations are now at an advanced stage…and last discussions held in Brussels, Belgium, were very good as the parties agreed on certain issues and put on hold others for the next round of discussions,” said Nyalandu in the wake of increasing concerns over the delayed conclusion of talks on comprehensive EPA.

Source: The Guardian