Caricom Eu Economic Partnership Agreement

(CARICOM Secretariat, Turkey, Greater Georgetown, Guyana) A recent meeting of Cariforum States and regional partners was seen as an important step in deepening partnerships with a view to implementing the Cariforum-EU Economic Partnership Agreement (CEPOL). The second meeting of the EPA`s national coordinators and the heads of national agencies responsible for the implementation of the EPA and the implementing authority, held at … Provisional implementation of the Agreement under Article 243 began on 29 December 2008, after Antigua and Barbuda, the Bahamas, Barbados, Belize, Dominica, Dominican Republic, Grenada, Guyana, Jamaica, St. Christopher and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago and the European Community have informed the Secretary-General of the Council of the European Union of the conclusion of the necessary procedures for the provisional implementation of the economic partnership agreement between the Cariforum States and the States of Cariforum. European Community. Haiti signed the agreement in December 2009, but has not yet implemented it until it is ratified. CARIFORUM and European Union (EU) trade representatives held a one-day meeting in Granada on Thursday 21 November to reaffirm the two regions` commitment to their trade and narrow development partnership. The two sides discussed progress in implementing the Cariforum-EU Economic Partnership Agreement (EPA). The EPA aims to promote trade and investment, The recent collapse of the Doha Round once again underscores the weakness of international trade negotiations. Similarly, the Economic Partnership Agreement (EPA) between the CARIFORUM Group and the European Union (EU) has been the subject of much discussion and debate in recent months.

It is clear that there are two diametrically opposed views on the impact and usefulness of the agreement. One view is that the EPA is a major advance in trade relations, which will greatly benefit the region. On the other hand, some see it as an unfavourable situation for the region and perhaps a total surrender of the EU to the EU by the Cariforum. They say it is part of a comprehensive EU strategy to enforce World Trade Organization (WTO) policy towards developing countries and to circumvent Doha`s obstacles. During this debate, both sides try to abstain from their views by referring to the text of the agreement. The aim of this review is to shed light on the issues that are fuelling this debate, particularly in the areas of market access, the impact on customs revenues and the impact on regional integration.