Home / Knowledge / News / Problems with the Economic Partnership Agreements
Problems with the Economic Partnership Agreements
12
Jan '08
On the occasion of a demonstration in Brussels, the International Trade Union Confederation has expressed its strong view that the Economic Partnership Agreements (EPAs) being negotiated between the European Union (EU) and the African, Caribbean and Pacific (ACP) countries require fundamental changes in order to promote genuine trade and development opportunities for the ACP.

In the demonstration, several hundred people mainly from Senegal and Europe are expected to gather in front of the European Commission to protest against the current EPA negotiations. Civil society organisations from Senegal including the ITUC affiliates CNTS, CSA, CNTS-FC, UDTS and UNSAS, as well as employers' organisations and several NGOs are taking part.

Despite growing opposition to EPAs from the ACP, the European Commission has not showed much flexibility in the negotiation process. Using the argument that a WTO waiver expired at the end of 2007, the European Union is currently insisting that ACP countries not in a position to sign full EPAs should at least initial interim agreements whereby they would accept to liberalise at least 80% of their trade in goods and commit themselves to further negotiations on opening up in services, investment, public procurement and competition policies.

At its General Council meeting in December 2007, the ITUC adopted a resolution on EPAs denouncing the lack of adequate time devoted to the negotiation process, leading some governments to sign up to interim agreements that may undermine existing regional integration processes, cause serious employment losses and deprive governments of tariffs revenues vitally needed for public services and investment. In its resolution the ITUC calls upon the EU to refocus its negotiating objectives towards obtaining real development for the African, Caribbean and Pacific states.

Must ReadView All

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Information Technology | On 21st Feb 2017

ThreadSol launches IntelloBuy & IntelloCut in Vietnam

ThreadSol, the pioneer of enterprise material management for sewn...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search