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EPAs: Makers of Disastrous Consequences?

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Wednesday, 25 April 2012

EPAs: Makers of Disastrous Consequences?

Oduor Ong'wen, the country director of the Southern and Eastern Trade Information and Negotiations Institute (SEATINI), has published an article this week in which, as many of his other African colleagues, lists the cons of the EPAs.  Speaking in particular of East Africa, he agrees with the conclusions of numerous studies and points to these agreements as leading to disastrous consequences for African citizens.
On a specific note regarding agriculture, he states that farmers will face increased competition from Europe’s highly subsidized goods. Furthermore, the expected loss of government revenue will affect social welfare schemes and therefore citizens as well.  Though doubtful that an EPA agreement between the EAC bloc and the EU will be concluded, he warns of the  potential risks: “Though often appearing to be technical in nature, the various issues considered by EAC negotiators as ‘contentious’ will have significant economic and political consequences for their development”.

Source: The Star/ CTA