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Tuesday, 06 May 2014

EU-EAC talks will reach soon a consensus

The European Union (EU) and East African Community (EAC) talks on the Economic Partnership Agreement (EPA) will reach soon a consensus, the EU head of delegation in Tanzania, Ambassador Filberto Sebregondi, has said.
Speaking in an exclusive interview with The Citizen, he said the talks were approaching the end and that the two sides were expecting positive results.
He added that the agreement will be signed soon. “I agree that the process has taken too long, we started these negotiations in 2007, so it is almost 7 years, but as we speak, we are quite close to signing the deal,” he said.
In his view, there has been misinformation on the EPA issue and some people think the EPA will lead to an invasion of European cheap products. “The process will be protected by tariffs, so there will be fair competition between the two sides; what I can say is that EPA will boost both sides”.

Source: The Citizen