New Economics Partnership Agreements : Towards a new form of cooperation between the European Union and African, Caribbean and Pacific Group of States ?

Abstract

The main purpose of te economic partnership agreement (EPA) is to make the commercial settlements between states or groupe of states cumply with the clauses of the World Trade Organization (WTO) namely the introduction of the principle of the reciprocity in the commercial relations between the European Union (EU)and the African, Caribbean and Pacifique states (ACP).The signing of the economic partnership agreement by some ACP countries,still currently sparks of critisims upon the consequences deriving from the revocation of trade preferences, of wich numerous countries are dependent on.