ISDS Case Map
EU
European Union
Kenya has been exempted from signing the Economic Partnership Agreement for another year. Economic analysts say the deal is good for Kenya in the short term but could become oppressive in the future.
The European Union has made an interim trade deal with east African countries, which will replace preferential tariff agreements which are due to expire this year, Kenya announced.
The EU has agreed to establish a framework that will ensure trade is not interrupted between January and December next year, thus giving a one-year extension before a new pact has to be reached.
Leading Caribbean nationals have made a stirring plea to Caribbean Community Heads of Government to speedily move for postponement of the year-end deadline given by the European Union for this region to sign an Economic Partnership Agreement.
The Ministry of Agriculture and Forestry said that rice will be exempted from free trade agreement talks altogether, while Seoul will stress the need to hold onto some protection for grain, vegetables and fruits.
At present, the economic relationship is asymmetrical, with the EU market much more important to ASEAN than the reverse. But in the long run, the size and growth of the ASEAN market will make it a key source of growth and profitability for EU firms.
Korea plans to accept a number of the European Union's demands for lifting tariffs on EU goods in the fifth round of the Korea-EU free trade agreement talks slated for Nov. 19 in Brussels
Korea's top negotiator to trade talks with the EU wants a deal to be concluded by year's end.
Malaysia's refusal to review its race-based policies is jeopardizing a proposed free-trade agreement between Southeast Asia and Europe, said the outgoing European envoy to Kuala Lumpur.
There is an old saying: "Give a man a fish and you feed him for a day, teach a man to fish and you feed him for life". Economic Partnership Agreements (EPAs) are the equivalent of Europe telling the African fisherman that if he does not give them his fishing net (tariff flexibility) he will not be able to sell any more fish to them (fish exports). In return for the fishing net, Europe promises a European fish (aid) that the fisherman has to apply for and wait for over two years.
