Regional trade is a reality
The new ACP-EC Cotonou Agreement provides that in 2002 the EU and regional trade blocs in the ACP States (e.g. Caricom in the Caribbean, SADC in Southern Africa, SOPAC in the Pacific) will enter into negotiations on Regional Economic Partnership Agreements. The new Agreements should be concluded by 2008 and will provide for free trade between the EU and the ACP regional trade blocs. The moves towards free trade would begin in 2008 and could take as long as a further 12 years. The World Trade Organisation which, in theory, encourages open and free trade with neither preferential nor protective agreements between trading nations, does in fact allow regional trading agreements, on the understanding that they help participants to prepare for unrestricted trade.
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| Format: | News Item biblioteca |
| Language: | English |
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Technical Centre for Agricultural and Rural Cooperation
2001
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| Online Access: | https://hdl.handle.net/10568/46222 https://hdl.handle.net/10568/99597 |
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