The European Commission (EC) has released the August 2013 edition of ”Comodity price data”, a price dashboard which provides a summary of commodity price data for the most representative agricultural products and consumer food prices, at European Union (EU) and world level for the month of August. Although not all the products are comparable at both EU and world level, this document is intended to give an indication on the most recent price developments.
Pacific Islands Countries that are negotiating an economic partnership agreement (EPAs) with the European Union have asked the EU to conclude negotiations by the end of 2013 or they will withdraw from the entire negotiations all together. They conveyed this to the European Union Commissioner for Trade, Karel de Gucht, in a letter dated 4th June 2013.
Guyana signed 23.4M Euros financing agreement on 20th June 2013 as part of Europe’s continuing Sugar Support Programme. The funds will be disbursed for the 2012/2013 program and will see Guyana drawing down on 115M Euros since the program started back in 2006. Earlier this year, EU said that since 2006, when the program started, it made available91.5M Euros to Guyana.
The Africa Governance Institute (AGI) urges to break radically with the practice of having an agenda defined by the European Union (EU) and imposed to Africa. It claims that the two partners should instead consult each other to reach a common agenda, taking into account their respective priorities and interests.
Trade agreement negotiations between the European Union (EU) and Nambia and other African, Caribbean, and Pacific (ACP) countries are to resume at the end of September 2013. The Namibian Minister of Trade and Industry, Calle Schlettwein, is hopeful that whatever the outcome of the Economic Partnership Agreements (EPAs) is, the deal will benefit all players.
Guyanese President, Donald Ramotar, addressed representatives from the European Union (EU) as well as diplomats from the Caribbean, who were meeting in Guyana to forge a seven-year partnership, and he brought up the current status of the Economic Partnership Agreements (EPAs) between the two regions.
This year, the European Union(EU) will donate € 400,000 to the Trade Facilitation National Needs Assessments Trust Fund and € 200,000 to the Trade Facilitation Window I Trust Fund. Another donation of € 100,000 will be allocated to support the effective participation of Least Developed Countries in the 9th World Trade Organization (WTO) Ministerial Conference.
The European Parliament’s Trade Committee, urged on by a report from MEP Niccolò Rinaldi, requested that the European Commission take steps to strengthen the EU’s trade-regulation powers.
The Trade Committee’s proposal would grant several retaliatory measures to the EU, which the European Parliament would have to authorize before use. Rinaldi’s report claimed that such measures would strengthen the EU’s trade rights and interests.
Kenya is closer to signing Economic Partnership Agreements (EPAs) with the European Union (EU)
that will enable more products from Europe to enter the local market on equal terms. Most of the issues, according to the government, have been agreed on.
The Government of Ghana will by end of October (2013) declare its stance on the European Union-Economic Partnership Agreement (EU-EPA). This has been recently disclosed to the Economy Times in Accra by the Ghanaian Deputy Minister of Trade, Nii Lante Vanderpuje.