Leaders of the East African Community (EAC) agreed not to force member states to sign the EAC-European Union Economic Partnership Agreement (EPA).
Plans to establish a single market for the 26 African countries in the Eastern and Southern African region – known as the tripartite free trade area (TFTA) – could be overly ambitious.
The European Union has invited the government of Tanzania for dialogue over the Economic Partnership Agreement impasse that has threatened to derail the trade pact between the bloc and the East African Community member countries.
The EU has been pressuring the ACP countries (Africa, Caribbean and Pacific) to sign and implement EPAs that would be destructive for these countries.
The report says that if the EPA is signed, local industries will struggle to withstand competitive pressures from EU firms, while the region will be stuck in its position as a low value-added commodity exporter.
Africans are insisting on actual economic development which is leaving European trade negotiators exasperated. Rick Rowden explains why their stand is historic and right.
Tanzania is reluctant to sign and ratify the EPA raising a number of issues including the implications of the EPA on EAC’s development in general and industrialisation in particular.
The East African Community is once again facing a delicate diplomatic situation as it seems now more than ever that, after protracted negotiations, member states may have to just agree to disagree on the Economic Partnership Agreement.
Tanzanian President John Magufuli described the Economic Partnership Agreement as a "form of colonialism", dampening the country’s possibility of signing the deal with the European Union.
Tanzania wants a study conducted on the impact of the Economic Partnership Agreement with the European Union on the East African Community.
As it stands now, the Economic Partnership Agreement with the East African Community seems to have hit a dead end.
In the Brexit context it is useful to actualize the losses of duties that the EAC will face on its imports from the EU28 minus UK (EU28-UK) if the EAC-EU Economic Partnership Agreement were signed and implemented.
The European Union could cut development aid to East African countries that have refused to enter its trade agreement.
The States of West Africa and East Africa have been pressured to sign the Economic Partnership Agreements on the basis of false indications, not to say lies, of the European Commission.
The Tanzania government will take the views of the private sector in deliberation of its position on the Economic Partnership Agreement between the European Union and the East African Community.
Kenya’s quest to close an economic partnership agreement (EPA) with the European Union ahead of next year’s deadline has run into fresh head winds after a Tanzanian lodged a civil suit in the East African Court of Justice, seeking to stop it.
The Tanzanian parliament has shot down plans for the country to sign the economic partnership agreement (EPA).
The Economic Partnership Agreement between East African Community and European Union is ’a raw deal’, an independent team tasked to examine the trade deal has warned.
Countries in East Africa are ready to sign on a poorly understood trade agreement with the EU whose overall impact will be disastrous for years to come.
The 10th EAC-COMESA-SADC Tripartite meeting opened in Nairobi to resolve issues that remain outstanding before the implementation of the Tripartite Free Trade Area.