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The Economic Partnership Agreements (EPAs) between the EU and African, Caribbean and Pacific group of countries are aimed at promoting trade between the two groupings – and through trade development, sustainable growth and poverty reduction. The EPAs set out to help ACP countries integrate into the world economy and share in the opportunities offered by globalisation.

For well over 30 years, exports from the ACP countries were given generous access to the European market. Yet preferential access failed to boost local economies and stimulate growth in ACP countries. And the proportion of EU imports from ACP countries dropped from 7% to 3% of EU imports.

The EPAs aim to remedy this situation. EPAs:

 

Key Assumptions

For European consumers

For farmers and manufacturers in Africa, the Caribbean and the Pacific: