ISDS Case Map
Gambia
Some commercial farmers in The Gambia have raised objection to the Economic Partnership Agreements presently being negotiated between the European Union and the African Caribbean and Pacific countries.
The Gambia Social Forum demanded the extension of the deadline of negotiations of the Economic Partnership Agreement between the European Union, on the one hand, and the African, Caribbean and Pacific countries, on the other.
A one-day workshop on Economic Partnership Agreement (EPA) to establish a free trade between the EU and Africa Carribea Pacific (ACP) countries, abolish tariffs between the parties, as well as non-tariff measures and other related issues, on Tuesday ended at NaNa Building in Bakau.
The full implementation of the Economic Partnership Agreement (EPA) by 2008, will mean that The Gambia will lose duty revenue estimated at US$40.719 million per annum representing a significant loss of 91%, said Lamin Damfa, a Senior Staff at the Ministry of Trade.
Issues on the Economic Partnership Agreement (EPA) between the EU and African-Caribbean-Pacific States were discussed on Wednesday at a one-day seminar held at the Kairaba Beach Hotel.
The executive members of the Gambia Social Forum have condemned the Economic Partnership Agreements (EPAs) that is being negotiated between the European Union and ECOWAS member states. They say that these proposed free trade agreements would exacerbate the current agricultural crisis that farmers already face, increase poverty, and violate human rights.
Opening up The Gambia's and ACP markets to the EU is likely to result in transfers of tariff revenues from ACP countries to the EU and this will worsens their terms of trade and result in a welfare loss.
