Posts Tagged economic partnership agreements

On Monday 16 October, ministers from the EU’s 25 Member States agreed to provide €2bn a year in aid to developing countries to help them liberalise as per the terms of the ‘Economic Partnership Agreements’ (EPA). Dubbed ‘Aid for Trade’ by the EU Commissioner for Trade, Peter Mandelson, the money was supposed to be evidence that the new trade agreements are a development tool to help lift thousands out of poverty. A ‘stepping stone to sustainable development’ in the oracle’s words.
Today, the FT reports the following leaked letter from EU Commission officials Stefano Manservisi (head of the development directorate) and Karl Falkenburg (deputy head of trade) to the Fijian trade minister Kaliopate Tavole:
“In your draft EPA submission, detailed development co-operation provisions form an integral part of the text,” the Commission officials write. “As you know, this is not acceptable to us.”
Correct me if I am wrong, but there seems to be a contradiction here.

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