EU and West Africa agree next phase of negotiations on EPA
12 Nov '05
3 min read
They will replace the trade chapters of the 2000 Cotonou Agreement between the EU and the ACP countries.
The exception of these chapters from WTO law will expire in 2008, requiring both parties to have put in place a WTO-compatible alternative.
The European Union has committed to ensuring that the EPAs will guarantee both the development focus and the preferential trading terms currently enjoyed by ACP countries, while complying with WTO obligations. The EU is conducting parallel negotiations with six ACP regions.
At the beginning of his tenure, EU Trade Commissioner Mandelson undertook a full review of the EPA process, putting in place a new benchmarking system and expert oversight to ensure that the EPAs are genuine development tools.
The next phase of EU - West Africa negotiations
West Africa was the first region, along with Central Africa, to start EPA negotiations in October 2003. The Executive Secretariat of ECOWAS, in collaboration with the WAEMU Commission, is conducting the negotiations on behalf of its Member States.
Since then there has been extensive discussions on technical issues and the process of integration already underway in West Africa.
This has included discussions on customs issues, a free trade area, EU import standards and the trade in services.
This ministerial meeting agreed a calendar to begin the next phase of negotiations.
This will mean starting work in2006 on drafting the text and legal provisions of the EPA and discussing issues connected with market access, including the effect of an EPA on productive sectors in West Africa.
Investing in development in West Africa
Although development assistance will not be part of the EPA itself, parallel to the EPA process the Commission will continue to invest heavily through the European Development Fund in development in West Africa, including in supporting regional integration and related activities.
The EU and other donors are committed to providing the financial assistance related to the EPA process.