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An overview

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Possibility of non reciprocal preferences from Developed countries towards ... Cotonou transitory trade regime not WTO compatible (because geographical ... – PowerPoint PPT presentation

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Title: An overview


1
ECONOMIC PARTNERSHIP AGREEMENT BETWEEN WEST
AFRICA AND EUROPEAN UNION
  • An overview
  • May 2008

2
STRUCTURE OF THE PRESENTATION
  • Reminder
  • 2. State of the negotiations
  • 3. Next steps

3
1. THE WTO RULES
  • Rule of the most-favoured-nation (MFN clause),
    article 1 of the GATT
  • But 2 exceptions
  • Free Trade Agreements (GATT Article XXIV)
  • Possibility of non reciprocal preferences from
    Developed countries towards Developing countries
    as long as this is not discriminatory (Enabling
    clause)
  • Cotonou transitory trade regime not WTO
    compatible (because geographical discrimination
    in favour of ACPs against other DCs) gt Decision
    to negotiatte EPAs which are compatible with GATT
    Article XXIV

4
1. EU TRADE REGIMES
5
2. STATE OF THE NEGOTIATIONS
  • 9 LDCs and 26 non-LDCs countries have entered
    into EPAs and interim EPAs
  • 1 comprehensive EPA agreed with the Caribbean
    region
  • 6 interim agreements based on WTO compatible
    goods trade arrangements
  • 32 LDCs beneficiating from the EBA initiative
  • 10 non-LCDs under the GSP

6
2. FOCUS WEST AFRICA
  • 2 interim EPAs with Ghana and Ivory Cost
  • The concept of interim EPA
  • (Communication of the Commission, December 2007)

7
3. NEXT STEPS
  • Completion of the negotiations of a full regional
    EPA
  • Timing end 2008 / mid 2009 at the latest
  • Signature / Ratification process
  • WTO Notification
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