Ethiopia and EPA Negotiation 2008 - FES Ethiopia

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predicated on first strengthening institutional capacities of the relevant national body and for the development and implementation of national policies and strategies on competition. 7.5 Development Cooperation The principal objective of the Economic Partnership Agreement is supposed to promote sustainable development. However, in most Interim EPAs the development component of has taken a back seat to the trade and investment liberalization component. Perhaps the most important issue that Ethiopia should spend its negotiation capital on is binding development cooperation provisions. A development chapter should also have the following key elements: shared understanding of development including references to overcoming major trade-related constraints and achieving certain satisfactory living standards within given time frames; shared unequivocal commitments to putting development at the centre of the EPA and the understanding that all provisions of the EPA are about and should support development; clear commitments on adequate resources with clear obligations on the European Community and the member states; and an appreciable indication at some length of areas of cooperation and interventions with a clear prioritisation of regional integration, infrastructure, regional and global competitiveness, diversification and value addition, investment generation and industrialisation, and references to key international instruments on development and aid. 59 59 Economic Commission for Africa, North-South FTAs After all? A Comprehensive and Critical Analysis of the Interim Economic Partnership Agreements, April 2008, p.6 50 | P a g e
References 1. Agritrade, EPA Negotiations, Eastern and Southern Africa: Executive Brief, January, 2008 2. Booz Allen Hamilton, Ethiopia Commercial Law & Institutional Reform and Trade Diagnostic, January 2007, 3. Babajide Sodipo, The EAC interim EPA and Rwanda, TNI, Volume 7, Number 2 / March 2008 4. CARIFORUM-EU Economic Partnership Agreement 5. Cheikh Tidiane Dieye and Victoria Hanson, MFN Provisions in EPAs: a Threat to South-South Trade, TNI, Volume 7, Number 2/ March 2008 6. Christopher Stevens et al, “The New EPAs: Comparative Analysis of their Content and the Challenges for 2008”, ODI and ECDPM 31 March 2008 51 | P a g e
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Page 31 and 32: etween the EU and Ethiopia as these
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Page 41 and 42: and eastern African countries. Harm
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Ethiopia and EPA Negotiation 2008 - FES Ethiopia

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