Economic Partnership Agreements

E504933

Economic Partnership Agreements are trade and development accords between the European Union and African, Caribbean, and Pacific (ACP) countries that aim to promote sustainable economic growth through reciprocal market access and regulatory cooperation.

All labels observed (4)

How this entity was disambiguated

Statements (51)

Predicate Object
instanceOf European Union external trade policy instrument
international economic agreement
trade agreement framework
abbreviation EPAs
beneficiary ACP exporters
EU importers
complianceWith World Trade Organization rules
criticizedFor potential negative impact on ACP industrialisation
pressure on tariff revenues of ACP countries
enteredIntoForce late 2000s
feature development cooperation provisions
dispute settlement mechanisms
duty-free and quota-free access to EU market for most ACP exports
gradual tariff reduction by ACP countries on EU imports
provisions on competition policy in some agreements
provisions on intellectual property in some agreements
provisions on investment in some agreements
provisions on services liberalisation in some agreements
provisions on sustainable development and labour standards in some agreements
provisions on technical barriers to trade
reciprocal but asymmetric market access
rules of origin provisions
sanitary and phytosanitary measures cooperation
trade defence instruments
fullName Economic Partnership Agreements between the European Union and African, Caribbean and Pacific countries
legalBasis Cotonou Agreement
negotiatingParty European Commission
regional groupings of ACP states
party African countries
Caribbean countries
linked to: Caribbean

European Union
Pacific countries
partyGroup African, Caribbean and Pacific Group of States
linked to: ACP Group of States
policyArea EU common commercial policy
policyObjective good governance promotion
poverty reduction in ACP countries
sustainable development
predecessor Lomé Convention trade regime
linked to: Lomé Convention
purpose encourage regulatory cooperation
ensure WTO compatibility of EU–ACP trade relations
integrate ACP economies into the world economy
promote regional integration among ACP countries
promote sustainable economic growth
provide reciprocal market access between EU and ACP countries
support development in ACP countries
support gradual liberalisation of trade in goods and services
regionCovered Caribbean region
Pacific region
Sub-Saharan Africa
replaced non-reciprocal trade preferences under the Cotonou Agreement
startOfNegotiations 2002

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Cotonou Agreement providesFor Economic Partnership Agreements
ACP–EU partnership hasInstrument Economic Partnership Agreements
Economic Partnership Agreements fullName Economic Partnership Agreements between the European Union and African, Caribbean and Pacific countries
linked to: Economic Partnership Agreements
EU trade agreements includesExample EU–CARIFORUM Economic Partnership Agreement
linked to: Economic Partnership Agreements
EU trade agreements includesExample EU–SADC Economic Partnership Agreement
linked to: Economic Partnership Agreements