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EU and Africa: investment, trade, development; what a post-Cotonou Agreement with the ACP states can achieve
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Stiftung Wissenschaft und Politik -SWP- Deutsches Institut für Internationale Politik und Sicherheit
Abstract The EU is currently negotiating a successor to its Cotonou Agreement of year 2000 with the African, Caribbean and Pacific (ACP) states. The political and economic context has changed enormously over the past two decades, with trade relations between the EU and the more developed ACP countries now l... view more
The EU is currently negotiating a successor to its Cotonou Agreement of year 2000 with the African, Caribbean and Pacific (ACP) states. The political and economic context has changed enormously over the past two decades, with trade relations between the EU and the more developed ACP countries now largely regulated by bilateral and regional Economic Partnership Agreements. Since 2015, in line with international sustainability targets, social and environmental aspects must be taken into account in international treaties, while in 2018 the African Union (AU) agreed to establish an African Continental Free Trade Area. A successor to Cotonou offers an opportunity to modernise the rules on issues including investment, services and migration. This could also generate greater interest in the talks in Germany and the EU. But the cooperation need to be placed on a new foundation and the African states will have to decide whether they want to negotiate together, as a continent. (Autorenreferat)... view less
Keywords
political negotiation; EU; political factors; economic cooperation; foreign trade; free trade; international economic relations; Africa; commerce; economic factors; export policy; economic development (on national level); future; economic agreement; international agreement; direct investment; EC
Classification
National Economy
International Relations, International Politics, Foreign Affairs, Development Policy
Document language
English
Publication Year
2019
City
Berlin
Page/Pages
7 p.
Series
SWP Comment, 1/2019
DOI
https://doi.org/10.18449/2019C01
ISSN
1861-1761
Status
Published Version; reviewed
Licence
Deposit Licence - No Redistribution, No Modifications