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December 2017
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Friday, 15 December 2017
East Africa’s trade with Europe has come under renewed threat after talks to sign a new agreement failed to beat the last deadline. Negotiators said the talks, meant to craft new rules of engagement following the expiry of the earlier agreements, collapsed following East African Community (EAC) member states’ strong objections to Europe’s introduction of new trade-related issues.
In their current form, the Economic Partnership Agreements (EPAs) between the European Union and the Southern African Development Community (SADC) would limit the SADC region’s policy space to promote industrial and agricultural development, and would hamper efforts to promote trade diversification and undermine regional integration processes, a top official said.
Wednesday, 26 August 2009
The European Union and Papua New Guinea signed today the interim Economic Partnership Agreement which was first initialled at the end of 2007. Fiji also initialled the Agreement in 2007 but decided to sign at a later stage. The agreement focuses on trade in goods and includes important provisions on rules of origin for the fisheries sector. The agreement was signed today by EU Trade Commissioner Catherine Ashton on behalf of the European Commission, Mr Anders Ahnlid, Director General for Trade, on behalf of the Swedish Presidency of the EU and The Hon. Samuel Abal, Minister for Foreign Affairs, Trade and Immigration on behalf of Papua New Guinea.
Source: European Commission
The negotiations on the European Partnership Agreement (EPA) with the East African Community (EAC) are supposed to be concluded by the end of this month. Is the trade deal ready for signing? David Mugabe caught up with Prof. Yash Tandon, Nathan Irumba and Jane Nalunga of the Southern and Eastern African Trade Information and Negotiations Institute who represent Civil Society.
Source: allafrica.com
The government of Ghana has stated that it will not sign any partnership agreement that will liberalise the country’s trade regime to its detriment. Making reference to the Economic Partnership Agreement (EPA) with the European Union, the Minister of Trade and Industry, Ms Hannah Tetteh, said the government would not sacrifice the interest of the nation in the agreement. She gave the assurance when her ministry took its turn at the “Meet-The-Press” series in Accra, during which she outlined the programmes and projects it was undertaking. Many advocacy groups, such as the Third World Network (TWN), ISODEC and the Ghana Trades Union Congress (TUC), have waged a vigorous anti-EPA campaign, cautioning the government against signing the agreement because it would be detrimental to the nation’s interest and, as they put it, “the devil is in the detail” of the agreement. However, the government, having weighed the pros and cons of the agreement, went ahead to sign the Interim EPA (IEPA) with the EU in December 2007, allowing Ghana to have access to the EU market for a five-year period, beginning January 1, 2008, after which the country will be obliged to eliminate duties on 80 per cent of its imports from the EU over a 15-year period.
Source: Graphic Ghana
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