EU economic partnership agreements with ACP countries: Which way forward?
European Parliament - EPRS Policy podcasts
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4.8 • 13 Ratings
🗓️ 9 December 2022
⏱️ 7 minutes
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Transcript
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| 0:00.0 | Welcome to the European Parliamentary Research Service podcasts. |
| 0:04.5 | In this podcast, we'll review the successes and failures, the strengths and weaknesses |
| 0:09.8 | of the economic partnership agreements between the EU and the ACP countries, and map a possible |
| 0:16.0 | way forward. Stay with us. |
| 0:20.0 | What do Belize Burundi and Vanuatu have in common, apart from beautiful rainforests and landscapes? |
| 0:26.6 | They're all ACP members. |
| 0:29.6 | That's right. The ACP is a group of 79 African, Caribbean and Pacific states with which the EU has a special long-term partnership. |
| 0:40.1 | Trade is part of this partnership, and to enhance it, the EU has negotiated economic partnership |
| 0:45.5 | agreements or EPAs with these countries to gradually integrate them in the global economy, |
| 0:51.1 | while promoting sustainable growth and reducing poverty. |
| 0:55.3 | But what's the essence of these partnerships? |
| 0:57.8 | Well, in a nutshell, there are free trade agreements that allow ACP countries to export their products |
| 1:03.2 | to the EU, duty and quota-free, providing important safeguards to protect these countries' economies. |
| 1:10.0 | They are firmly anchored in the objectives of human rights and sustainable development and |
| 1:14.7 | cooperation that are at the core of the Cotonou Agreement, the overarching framework governing |
| 1:20.4 | EU relations with these countries over the past 20 years. |
| 1:23.7 | But negotiating and establishing these partnerships has proven longer and more complicated than |
| 1:29.1 | expected and has met heavy criticism from civil society and some governments in ACP countries |
| 1:35.4 | who see them as a way for the EU to push its own products into foreign markets. So, |
| 1:41.6 | what has been achieved so far? Well, results are actually rather mixed, |
| 1:46.8 | with nine agreements negotiated, covering over half of the ACP countries, but not yet all implemented. |
| 1:53.7 | Now, which are the agreements in application? |
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