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4/29/07

Stabroek News: Growing sense that Caribbean-EU negotiations may be in trouble - by David Jessop

For the complete report from the Stabroek News click on this link

Growing sense that Caribbean-EU negotiations may be in trouble - by David Jessop

"If the EU is to be believed, and no new agreement is in place the Caribbean and other regions of the ACP will lose their preferential trade access, making all ACP trade with Europe subject to the significantly less beneficial generalised scheme of preferences (GSP). Practically this could mean that tariff free exports from the Caribbean to Europe would cease, some long term investors would disinvest, the EU would have contradicted its own legally binding commitments that the ACP should be no worse off as a result of the EPA negotiation and customs chaos would reign.

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