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EP backs EU’s EPA with ESA

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Friday, 18 January 2013

EP backs EU’s EPA with ESA

A majority of MEPs today endorsed the trade and development agreement concluded by the EU and four Eastern and Southern African states (ESA) Mauritius, Madagascar, Seychelles and Zimbabwe. The deal has already been provisionally applied since 14 May 2012. Under the Lisbon Treaty, the European Parliament is required to give its consent on the EU's trade agreements. Today’s vote (494 in favour) paves the way for the official entry into force of this interim Economic Partnership Agreement, which will be possible as soon as EU Member States and ESA countries will have ratified it.
Exporters of tuna, textiles and horticultural products in Mauritius, Madagascar, Seychelles and Zimbabwe are among those likely to benefit from the agreement.

Source: European Parliament