The Cotonou Agreement In A Nutshell – Prifesional S

The Cotonou Agreement In A Nutshell

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October 10, 2021
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October 11, 2021

The Cotonou Agreement In A Nutshell

The EU-PACIFIC ACP Interim EPA was signed by Papua New Guinea in July 2009 and by Fiji in December 2009. Papua New Guinea ratified it in May 2011. In July 2014, Fiji decided to start applying the agreement provisionally. Of the 14 Pacific countries, Papua New Guinea and Fiji account for the largest part of EU-Pacific trade. The ACP-EU Joint Parliamentary Assembly is an advisory body composed equally of representatives of the EU and ACP countries. The Assembly encourages democratic processes and allows for better understanding between the peoples of the EU and those of the ACP countries. Issues related to development and the ACP-EU partnership, including economic partnership agreements, will also be addressed. For Eastern and Southern Africa, Mauritius, Seychelles, Zimbabwe and Madagascar signed an EPA in 2009. The Agreement has been provisionally applied since 14 May 2012. The future agreement should cover priority areas such as: “We are in the final phase of negotiations,” said a spokeswoman for the European Commission of the DW. 95% of the text of the treaty is the subject of a consensus. However, the Commission refused to give specific details or an interview. African members of the OACPS are also offended by the fact that the EU has negotiated EPAs with some states.

The African Union (AU) is trying to create an Africa-wide free trade area. But if different states have their own agreements with the EU, it makes things difficult. “These agreements have led to a great division and fragmentation of the African position,” Carlos Lopes, the AU`s representative for relations with Europe, said in early June. In July 2014, 16 West African states, the Economic Community of West African States (ECOWAS) and the West African Economic and Monetary Union (WAEMU) presented an agreement with the EU on the eve of the day before. The signing process is ongoing. Negotiations with the countries of the Southern African Development Community were also successfully concluded in July 2014. The agreement was signed in Kazan, Botswana, on 10 June 2016. It entered into provisional application on 10 October 2016. Under the new agreement, the EU can be more selective and flexible in the allocation and use of its development resources. The allocation of development assistance is based on an assessment of a country`s needs and performance and involves the possibility of regularly adjusting financial resources accordingly.

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