Germany wants to establish fair trade with Africa as the latter has been victimized by the existing trade ties. The lately proposed 'Marshall Plan with Africa' is aimed at achieving trade balance between Africa and Europe, said a visiting Germany Economic Cooperation and Development Minister Gerd Müller. Addressing AU representatives and diplomatic corps yesterday, Müller said the 25-year plan also helps to re-position the EU's cooperation with Africa, and is intended to serve as a basis of discussion to restructure ties. With the new proposal, Germany needs to add a new and strategic dimension to the partnership with Africa.
Former secretary general of the United Nations Kofi Annan indirectly criticised the European Union's farming subsidies, in a conversation with journalists in Brussels on Tuesday (28 March). After his tenure as head of the UN (1997-2006), Annan set up a foundation that carries his name, which has sustainable development and reducing hunger and poverty as some of its main goals. He came to Brussels to hold a keynote speech at an event about agriculture and environment. A farmer in Kenya. Annan: 'I come from a continent where these poor farmers with limited resources are trying to compete' (Photo: Neil Palmer (CIAT).) Asked about whether he had suggestions for the upcoming reform of the EU's Common Agricultural Policy, he called it “an awkward question”.
The European Union will support Timor-Leste (East Timor) with a budget of 57 million euros over the next five years, under a cooperation agreement signed at the end of last week in Dili by the head of the EU delegation in Timor-Leste and the Minister of Foreign Affairs and Cooperation of Timor-Leste
Despite international efforts to address food insecurity, around 108 million people in the world were severely food insecure in 2016, a dramatic increase compared with 80 million in 2015, according to a new global report on food crises released in Brussels today.The report, whose compilation required integrating several measurement methodologies, represents a new and politically innovative collaboration between the European Union and USAID, regional food security institutions together with UN agencies including the Food and Agriculture Organization, the World Food Programme and Unicef. The dramatic increase reflects the trouble people have in producing and accessing food due to conflict, record-high food prices in local markets and extreme weather conditions such drought and erratic rainfall caused by El Niño.
Brexit encompasses not only a dramatic shift in economic and political ties in Europe but also in Africa where the UK, through its membership of the European Union was able to strengthen rrelationships with several nations on the continent. Following the UK’s Leave vote on June 23rd, African currencies dipped. Stocks and bonds also plunged. Due to their positions as the UK’s largest African markets, Kenya, Nigeria, and South Africa are among the prominent African States to be impacted by the UK’s move out of Europe. A lot of negotiations may have to take place as most of the trade agreements the UK has with African countries were negotiated through the EU. Inevitably, an end will come to some agreements.
Attorney General of Belize, Michael Peyrefitte, represented Belize at the 45th Session of the African, Caribbean, Pacific (ACP) Parliamentary Assembly and the Inter-sessional meetings of the ACP-EU Joint Parliamentary Assembly (JPA) held from the 21st to 24th March 2017 in Brussels, Belgium at the European Parliament.
Representatives from small island developing States (SIDS) from the Caribbean and the Pacific regions are meeting this week in Sydney, Australia, to discuss partnership and resource opportunities for a proposed interregional IAEA technical cooperation project on SIDS. International and regional organizations including the Australian Nuclear Science and Technology Organisation (ANSTO), the Pacific Community (SPC), the Secretariat of the Pacific Regional Environment Programme (SPREP), the European Investment Bank and the US Regional Environmental Office are also attending the meeting.
Cabo Verde (Cape Verde), the Portuguese-speaking African country with the highest level of development and greatest political and economic stability, is preparing a set of measures to further open up the archipelago to foreign investment, according to a recent publication.
The signing of the Treaty of Rome, which established the European Economic Community (EEC) 60 years ago in March 1957, came at a tumultuous time in relations between Europe and Africa. Just weeks earlier Kwame Nkrumah had declared Ghana a republic, an event which was a turning point in the decolonisation of sub-Saharan Africa. Nkrumah remarked that the treaty's inclusion of colonial territories was to neocolonialism what the Berlin Treaty of 1885 had been to colonialism.
For two days last week, on March 9 and 10, trade ministers from Commonwealth countries met in London to explore ways of boosting intra-Commonwealth trade and investment. It was the first time that the Commonwealth, which is not a trading bloc, but a loose organisation of 52 predominantly former British colonies, would meet to develop a trade agenda.