Streamline Online Signature Licitness for General Partnership Agreement in European Union

How to eSign a document: online signature licitness for General Partnership Agreement in European Union

[Music] welcome to the Caribbean policy Development Center economic partnership agreement hubs we look forward to sharing information on the economic partnership agreements what our economic partnership agreements economic partnership agreements are arrangements made to create a free trade area between the European Union and the African Caribbean and Pacific group of states the APS have their roots in the low may convention that was enforced between 1975 and 1999 this agreement however gave unilateral preferences to ACP countries it was found to be in breach of the most important principle of the World Trade Organization the most favored nation clause the EU was granted waivers in 1996 and 2001 unconditioned that the law make conventions would be replaced by trade agreements in line with WTO rules such as EPA's for this reason the co2 no partnership was signed what is the cotan of partnership agreement in the year 2000 the European Union along with the African Caribbean and Pacific group of countries adopted the cotinue agreement the Cotonou agreement is a framework treaty on trade aid and political cooperation between the 28 EU member states and the 7 ACP countries it expires 29th February 2020 and negotiations on its renewal are expected to begin officially on the 1st of September 2018 this research hub focuses on the EPA between the European Union and the Kerry Forum region on the 15th of October 2008 the Caribbean became the first region among the African Caribbean and Pacific group of countries to sign a full economic partnership agreement with the European Union the APA is a reciprocal trade agreement between the European Union and a CP form of Caribbean states are a pas WTO compatible economic partnership agreements are intended to be WTO compatible trade agreements but they go beyond conventional free-trade agreements by focusing on acp development taking into account their socio economical dances and including cooperation assistance to help ACP countries implement their agreements will this breach the most favored nation clause in the WTO the most favored nation clause requires a country to provide any concessions privileges or immunities granted in a trade agreement to one nation to all other World Trade Organization member countries although its name implies favoritism toward another nation it denotes the equal treatment of all countries what is the objective of the EPA between the EU and the kara forum as set out in article 1 of the EPA the objectives of this agreement are contributing to the reduction and eventual eradication of poverty through the establishment of a trade partnership promoting regional integration economic cooperation and good governance promoting the gradual integration of the kara form states into the world economy in ance with their political choices and development priorities improving the care reform states capacity in trade policy and trade related issues supporting the conditions for increasing investment and private sector initiatives and enhancing supply capacity competitiveness and economic growth in the kara form region and strengthening the existing relations between the parties on the basis of solidarity and mutual interest now that we understand the history behind the epa's we will now examine the trade relationship between the European Union and kara forum the EPA reflects the two regions stages of development it does so by being asymmetric in other words the agreement requires the EU to go much further than the Caribbean it also makes much lighter demands on the Caribbean states than standard free trade agreements it helps the two regions invest in and trade with each other the EU is KY reforms second largest trading partner after the u.s. it provides predictable EU market access for these countries the EPA covers trade in its widest sense before the rules governing Caribbean EU trade had been mostly limited to goods now the EPA covers trade not just in goods but also in services it also covers areas where rules and regulations can trade competition innovation and intellectual property public procurement and environmental and labor standards oops seems like we're out of time but to learn more interesting facts read articles and new developments about the EPA and so much more please explore our hub where the information is provided for you [Music]