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Since the year 2000, there has been ongoing dialogue aimed at creating economic partnership agreements between the European Union and various African regional groups, consisting of five blocs.
The EPA comparison shows that these negotiations have been fraught with debates and conflict, affecting parties both in Africa and internationally. A major point of contention involves the potential effects these agreements could have on the goals of industrial development and regional unification within Africa.
Key lessons include the imperative of discerning and implementing development-focused provisions within EPAs, the essential role of capacity building to leverage these agreements effectively, and the power of regional solidarity through initiatives like the AfCFTA. This collective approach not only counters the potential negative impacts of EPAs but also amplifies Africa’s bargaining power on the global stage.
Monitoring and adapting to these agreements’ impacts are crucial to ensure they align with Africa’s development objectives. Moreover, seizing the opportunity within development cooperation frameworks could significantly support the continent’s industrialisation efforts.
The EPA comparison aims to encourage African nations to engage strategically and work together. It emphasises the importance of informed decision-making and collective action, mainly through initiatives like the AfCFTA, to strengthen Africa’s position in global trade. It advocates for capacity building and a development-centric approach, with EPAs serving as catalysts for sustainable growth and economic diversification in Africa.
Authored by
Mr. Guillaume Gérout is a trade policy specialist, notably on intra-African trade and global agreements, contributing significantly to the AfCFTA negotiations and collaborating with major international and governmental organisations.