The EU and African, Caribbean and Pacific Community on Thursday (15 April) finalised the successor to the Cotonou agreement, bringing a close to two and a half years of negotiations and repeated delays.
The EPA was approved for ratification by the Houses of Parliament in Kenya and the UK earlier this month.
Suriname joined the UK and 13 other CARIFORUM States that have already signed the Economic Partnership Agreement (EPA).
A report prepared for the European Commission was published last month to evaluate the outcomes of the agreement.
The African Union sees the ‘partnership’ process, likely to culminate in a summit in Portugal in May or June, as an opportunity to overhaul the Economic Partnership Agreements (EPAs) .
The agreement provides duty free and quota free access for Ghana and the same preferential tariff reductions for British exporters as provided by the arrangement that is currently in force.
The United Kingdom and Cameroon have today secured an Economic Partnership Agreement (EPA) that ensures mutual continuity of trade.
The third round of negotiations was held virtually from 24 to 27 November 2020. The next round is foreseen for April 2021.
The chief negotiators from the EU and the Organisation of African, Caribbean and Pacific States (OACPS) reached a political deal on the text for a new partnership agreement that will succeed the Cotonou Agreement.
The imposition of Economic Partnership Agreements to ACP countries, where 94% of the population is concentrated in Sub-Saharan Africa, is based on a series of 12 lies.
Namibia ratified the SACU-Mozambique and United Kingdom Economic Partnership Agreement (SACUM - UK EPA) in the National Assembly on 20 October 2020.
Trade relations are likely to be at the heart of the delayed EU-Africa ‘strategic partnership’, but only if long-standing tensions can be resolved.
Bilateral trade agreements often act as door-openers for the manufactured products of multinational food companies. Milk powder with vegetable fat is an example.
Despite the European Union’s (EU) protests, Cameroon will maintain the suspension of tariff dismantling planned by the Economic Partnership Agreement (EPA) that binds it to EU countries.
Kenya, UK have concluded an economic partnership agreement under the stalled EU-EAC EPA’s text which Kenya ratified in October 2016.
Liz Truss urged to sign off deals quickly to spare African states high tariffs once Brexit transition period ends.
Côte d’Ivoire has hastily signed an Economic Partnership Agreement (EPA) with the UK, which is modelled on the interim EPA the country signed with the European Union.
The United Kingdom and Côte d’Ivoire signed an Economic Partnership Agreement (EPA) Thursday, maintaining existing trade arrangements.
Zimbabwe has ratified an Economic Partnership Agreement (EPA) with the United Kingdom in a deal expected to promote reciprocal trade concessions between Harare and London.