Home / Knowledge / News / EU-ACP individual country ties make African unity vulnerable
EU-ACP individual country ties make African unity vulnerable
20
Apr '09
The European Union and member countries of the African Caribbean and Pacific Countries (ACP) are going ahead and signing individual and one-to-one economic cooperation agreements, which could prove detrimental to their own interests, experts have warned.

The ACP countries enjoyed a unilateral trade preference with the countries of the EU, but the agreement expired in December 2007 and till date both the blocs have not been able to thrash out a comprehensive agreement within the mandate of WTO rules.

This has led to signing interim trade agreements and at the same time working on drafting and working on the new trade deal. Only 20 member countries, particularly from Africa have signed the interim agreement while others have opposed the same.

Experts are worried on this split, since they believe that it will break the unity of the ACP countries and weaken them further. They say that individual country deals with the EU is akin to a deal between a politically and strong bloc and a weak, vulnerable and poor country on the other side.

This they conclude by saying could also jeopardize the on-going negotiations for hammering out a new economic cooperation agreement between the EU and the ACP, leading to wider fallout among the poor African countries for whom the deal was meant in the first place.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Yash P. Kotak
Bombay Hemp Company

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search